Investopedia / Mira Norian A tree diagram is a tool in the fields of general mathematics, probability, and statistics that helps calculate the number of possible outcomes of an event or problem ...

The binomial distribution, for example, is a discrete distribution that evaluates the probability of a "yes" or "no" outcome occurring over a given number of trials, given the event's probability ...

Two events are independent if the probability of the first event happening ... This will affect the remaining probabilities. In this tree diagram if a white sock has been selected and put on ...

This short film uses weather as an example to reflect how the concept of probability is used ... way of calculating multiple events by using a ‘Tree Diagram’. This is from the series: Real ...