Found 3 Articles for Probability

Introduction Chance and Probability are very similar to each other. The concept of experiment has a profound presence, structurally, in the fundamentals of the theory of probability. The main concept of the probabilistic approach in any scientific thought is simply to judge the nature of the experiments through which the thought itself may acquire a strong foothold. This sort of judgment is, however made in terms of the likelihood of something appearing as the result of an experiment. It is true that an observation or a test is usually initiated with an intense hope that it will be ended up ... Read More

Introduction Probability is simply a useful description (in the form of a mathematical model) for experiments whose exact outcome is difficult to predict in advance. When you toss a coin, it's tough to know in advance if a head or a tail will appear. When you can't predict the exact outcome, it's often useful to try to characterize every outcome that could occur along with a numerical description as to which are the most likely to occur. The numerical description you choose can be based on your experience, knowledge of physics, ... Read More

Introduction Probability is the possibility of happening an event. In the other words, it is the ratio of the total number of favorable outcomes to the total number of favorable outcomes and if the probability is one it means an event is a sure event or if the probability is zero then it means that event will not happen. Probability is simply a useful description (in the form of a mathematical model) for experiments whose exact outcome is difficult to predict in advance When you toss a coin, it's tough to know in advance if a head or a ... Read More