Probability theory, Definition, Examples, & Facts

Probability theory, a branch of mathematics concerned with the analysis of random phenomena. The outcome of a random event cannot be determined before it occurs, but it may be any one of several possible outcomes. The actual outcome is considered to be determined by chance.

Probability Probability theory is nothing but common sense reduce to calculation -pierre-simon laplace, in simple words what is the chance that. - ppt download

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Probability Theory - Formulas, Examples, Definition, Basics