Probability

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Probability is the measure of the likelihood of an event occurring. It is quantified as a number between 0 and 1, with 0 indicating that the event is impossible and 1 indicating that the event is certain to occur. The probability of an event is calculated by dividing the number of favorable outcomes by the total number of possible outcomes. The basic formula for calculating probability is:

 

P(A) = n(A)/n(S)

 

Where P(A) is the probability of event A occurring, n(A) is the number of favorable outcomes for event A, and n(S) is the total number of possible outcomes in the sample space. Probability is used in a wide range of fields such as mathematics, statistics, physics, economics, and social sciences to understand and predict events.

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