Conditional Probability - a Theoretical Approach

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Description
Probability in Stochastic Theory, especially conditional probability, is often treated with too much dependence on real life random experiments and intuition. This is at the cost of theoretical clarity, and the students get confused while solving related problems. In this document, an attempt is made to define the fundamental terms like probability space and conditional probability in a purely abstract and axiomatic way. It is expected that this will help the students and teachers in getting a better grasp of the fundamentals of Stochastic theory.


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Sebastian Vattamattam
Professor of Mathematics
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