The first concept of Probability was created in the 16th century by two mathematicians from France.The credit for creating the basics of Probability goes to both of them.Laplace created the Bayesian concept in the 18th century.The events that happen in the real world can't be predicted.We try to define the probability of the event happening.

It is beneficial for students to understand 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 in those organizations.It is always a good idea to make decisions based on the mathematical formula rather than on chance.There are a lot of unpredictable outcomes in the events that happen around us.There could be many different types of outcomes for an event.

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

Sample space is the collection of all the possible outcomes when there are multiple possibilities.There are two types of sample points a Countable number of sample points and an Uncountable number of sample points.The number of sample points can't be divided into subcategories.A finite number of sample points can be classified as an infinite number of sample points.First we need to know the definition of probability then we need to know about the following things.

Sample space is marked by S.There is nothing more to say about the number of elements in sample space.The sample space is Head Tail.The sample space contains 2 elements.The sample space is based on the number of coins tossed at the same time.

There is a sample space when 3 coins are thrown at the same time.There are eight elements in the sample space.Two coins are tossed the same as one coin twice.We should not get confused with the statements.It can be called one coin tossed three times.

The sample space is 1 2 3 4 5 6.There are 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 and 52.There are six elements in the sample space.2n is the formula used to find the number of sample spaces in coins.

The sample 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 and 16 if we put the n as 4.The number of sample spaces is 6n.The sample space size is 6 if we put n 2.The sample space size is 36 if we use the n as 2.