The first idea of Probability was created in the 16th century by two mathematicians from France.They both had a part in the creation of Probability.The Bayesian concept was created in the 18th century by another mathematician Laplace.Predicting many of the events in the real world is not possible.By defining the probability of the event we try to take an intelligent guess.

It is beneficial for students to understand the concepts of Probability as it will be used in their career in the future when they work for corporate or government agencies.Business decisions will be made with the probability in mind.It's always a good idea to make decisions based on the mathematical formula rather than on chance.There are a lot of unexpected outcomes in the world around us.There could be many different types of outcomes for the event.

The most likely outcome is influenced by the probability.An experiment is when the result of a process is known and can be defined.If one can predict the outcome of an experiment in advance the experiment is called a Deterministic Experiment.Random Experiment is also referred to as Non-Deterministic Experiment.We have all the possible outcomes of a random experiment.

Sampling space is the collection of all the possible outcomes when there is a random event.There are two types of sample points in a sample space a countable number and an uncountable number.There is no way to divide the number of sample points into subcategories.The countable number of sample points can be either a finite number or an infinite number.The first thing we need to know about Probability is the definition of Probability.

S is the symbol for sample space.The possible outcome is the number of elements in a sample space.The sample space is called head tail.There are 2 elements in the space.When two coins are thrown at the same time the sample space is HH.

When 3 coins are tossed at the same time the sample space is.A sample space has 8 elements.There are two coins tossed the same as there are one coin tossed twice.We should not get confused by these statements.When 3 coins are thrown it can be referred to as one coin tossed three times.

Sample space is 1 2 3 4 6 when a die is thrown.The number of sample space is 6.The sample space is 11 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.Six elements are in the sample space.The number of sample spaces in coins can be found with a formula.

The sample space size is four if we put the n as two.If we put the n as 3 then the sample space size is 8.6n is the number of sample spaces that can be found.The sample space size is 6 if we put n/2.The sample space size would be 36 if we put the n as 2.