What are dependent events in probability?
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Dependent events in probability are scenarios where the outcome of one event influences the outcome of another event. For example, imagine drawing cards from a deck without replacing them. If you draw an Ace first, the probability of drawing another Ace on your second draw changes because there’s now one less Ace in the deck! It’s all about how the first event alters the universe of the second event. In real life, you can see dependent events playing out in various situations, such as in sports. If a player gets injured during a match, it greatly affects the team's performance and strategy for the remainder of the game. Understanding dependent events helps us better analyze risks and make predictions, whether in sports, investment, or day-to-day decision-making!