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PROBABILITY
PROBABILITY
• is the branch of mathematics
concerned with analyzing the
chance that a particular event will
occur
• its purpose is to attempt to predict
the likelihood that something will
or will not happen
EXPERIMENT
the process of making
an observation that
leads to a single
outcome which
definition of cannot be predicted
definition of
TERMS
SAMPLE SPACE
collection of all
sample points
definition of
TERMS
EVENT
specific collection of
sample points
definition of
TERMS
understanding
PROBABILITY
UNDERSTANDING PROBABILITY
In a sample space of equally likely
outcomes, the probability of an event,
denoted as P(E), is computed by:
PROBABILITY
INTERPRETATION OF PROBABILITY
Probability is a value between 0 and 1
inclusive. When an event is impossible
to happen, the probability is 0. When an
event is certain to happen, its
probability is 1. The closer a probability
is to 1, the more likely it is to happen.
example one