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6: Probability

  • Page ID
    113166
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    The probability of a specified event is the chance or likelihood that it will occur. There are several ways of viewing probability. One would be experimental in nature, where we repeatedly conduct an experiment. Another view would be subjective in nature, in other words an educated guess.

    In this course we will mostly be concerned with theoretical probability, which is defined as follows: Suppose there is a situation with \(n\) equally likely possible outcomes and that \(m\) of those \(n\) outcomes correspond to a particular event; then the probability of that event is defined as \(\dfrac{m}{n}\).


    This page titled 6: Probability is shared under a CC BY-SA 3.0 license and was authored, remixed, and/or curated by David Lippman (The OpenTextBookStore) via source content that was edited to the style and standards of the LibreTexts platform.