The concept of Probability was created in the 16th century by two mathematicians from France.They are both responsible for the creation of Probability.The concept was further extended by mathematician Laplace in the 18th century.The events in the real world can't be predicted.By defining the probability of the event occurring we try to take an intelligent guess.

It is beneficial for students to understand the concepts of Probability as it will be applied in their career in the future when they work for corporate or government agencies.Business decisions will be made using the probability.It is always better to make decisions based on the mathematical formula rather than on chance.Surprises and unpredictable outcomes are what happen in the world around us.Multiple types of outcomes could come from an event.

The most likely outcome is determined by the probability.If the result of the process can be defined then it is called an experiment.If one can predict the outcome of an experiment in advance it's called a Deterministic Experiment.Random experiment is also called Non-Deterministic experiment.We know which outcomes will occur in a random experiment.

Sample space is the collection of all the possible outcomes in a random event.There are two types of sample points a Countable number and an Uncountable number.There is no way to divide the number of sample points into a subcategory.The countable number of sample points can either be finite or infinite.The first thing we need to know is the definition of probability.

S is the name of the sample space.The possible outcome is the number of elements in sample space.The sample space is called Head Tail.There are 2 elements in the sample space.The sample space is used when two coins are thrown at the same time.

The sample space is HHH when 3 coins are tossed at the same time.There are 8 elements in the sample space.Two coins are the same as one coin twice.We should not get confused with these statements.Three coins can be called one coin tossed three times.

The sample space is 1 2 3 4 5 6 when a die is thrown.6 is the number of sample space.The sample space is 11 12 13 14 15 16 21 22 23 24 25 26 31 32 33 34 35 36 41 42 43 44 45 46 51 52 53.The sample space has 6 elements.The number of sample spaces in coins is 2n.

The sample space size is 4 if we put the n as 2.The sample space size is 8 if we put the n as 3 and 4.6n is the formula to find the number of sample spaces.The sample space size is 6.The sample space size is 36 if we put the n as 2.