Another scenario involves a student applying for admission to a college who hopes to get a scholarship and a stipend for books, meals, and housing. The steps to determine the conditional probability of getting a stipend and the scholarship are as follows: ...
What is the definition of conditional probability? Conditional probability is the calculation of the probability of an outcome with some other consideration taken into account. That other consideration is itself a matter of probability. What is the formula for calculating probability? The formula for ...
For the college admission example, the demographic disparity for women is DDd = 0.46 - 0.32 = 0.14. For men DDa = 0.54 - 0.68 = - 0.14. A conditional demographic disparity (CDD) metric that conditions DD on attributes that define a strata of subgroups on the dataset is needed to rule ...