The initial concept of Probability was created in the 16th century by two mathematicians from France.They are both responsible for creating the basics of Probability.The concept was further developed by mathematician Laplace in the 18th century.There are many events in the real world that can't be predicted.By defining the probability of the event happening 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 agenciesThe probability will be used to make business decisions.It is always a good idea to make decisions based on the mathematical formula rather than experience or chance.Surprises and unpredictable outcomes are part of the events that happen around us.There could be many different outcomes for an event.

The probability is used to determine the most likely outcome.An experiment is when the result of the process is known and can be defined.If one can predict the outcome of an experiment in advance it is called a Deterministic Experiment.Random experiment is also called non-deterministic experiment.We know all the possible outcomes of a random experiment.

Sampling space is the collection of all the possible outcomes in a random event.A countable number of sample points and an uncountable number of sample points are the two types of sample points.The number of sample points can't be divided into a subcategory.The countable number of sample points can either be a finite number or an infinite number.The first thing we need to know about Probability is the definition.

There is a sample space.The possible outcome is the number of elements in the sample space.Head Tail is the sample space when a coin is thrown.The sample space has 2 elements.The sample space is used when two coins are tossed at the same time.

The sample space is HHH when 3 coins are thrown at the same time.The sample space has 8 elements.One coin is tossed two times.We shouldn't get confused with these statements.One coin tossed three times is called one coin tossed three times.

The sample space is 1 2 3 4 6 when a die is thrown.There is 6 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.There are 6 elements in the sample space.2n is the formula to find the number of sample spaces in coins.

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 if we put the n as 4.6n is the formula used to find the number of sample spaces.The sample space size is six.The sample size is 36 if we put the n as 2.