CHAPTER 15:PROBABILITY
Introduction to Probability Probability Probability is the measure of the likelihood of an event to occur. Events can’t be predicted with certainty but can be expressed as to how likely it can occur using the idea of probability. Probability can range between 0 and 1, where 0 probability means the event to be an impossible one and probability of 1 indicates a certain event. Experiment An experiment: is any procedure that can be infinitely repeated or any series of actions that have a well-defined set of possible outcomes. can either have only one or more than one possible outcomes. is also called the sample space. Trail A single event that is performed to determine the outcome is called a trial. All possible trials that constitute a well-defined set of possible outcomes are collectively called an experiment/sample space. Experimental Probability Experimental/Empirical Probability The empirical probability of an event that may happen is given by: Probability of event to happen...