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Briefly summarize the following: 1a. Explain how you would teach the axiomatic definition of probability through examples. 1b. Describe in layperson's terms a stochastic process

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Briefly summarize the following: 1a. Explain how you would teach the axiomatic definition of probability through examples. 1b. Describe in layperson's terms a stochastic process and examples.Suppose that Xi and X2 are jointly normally distributed random variables with joint probability density function: fx1,X2(21, "'2) = e -9/2 for - co

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