Understanding Probability
Probability is a branch of mathematics that deals with the likelihood of different outcomes. It is used in various fields such as statistics, finance, science, and even gaming! 🌟
Key Concepts
- Events: An event is the outcome or set of outcomes in an experiment. For example, rolling a 4 on a standard die.
- Outcome: The result of a single trial of an experiment.
- Probability: A measure of the likelihood of an event occurring, expressed between 0 and 1.
Basic Probability Formula
Probability of an event A = (Number of ways event A occurs) / (Total number of possible outcomes)
Example:
If you roll a fair six-sided die, the probability of rolling a 4 is 1/6. 🎲