Ads
related to: probability in math explained for kids
Search results
Results From The WOW.Com Content Network
Probability is the branch of mathematics and statistics concerning events and numerical descriptions of how likely they are to occur. The probability of an event is a number between 0 and 1; the larger the probability, the more likely an event is to occur. [note 1] [1] [2] This number is often expressed as a percentage (%), ranging from 0% to ...
Probability theory or probability calculus is the branch of mathematics concerned with probability. Although there are several different probability interpretations , probability theory treats the concept in a rigorous mathematical manner by expressing it through a set of axioms .
The probability is sometimes written to distinguish it from other functions and measure P to avoid having to define "P is a probability" and () is short for ({: ()}), where is the event space, is a random variable that is a function of (i.e., it depends upon ), and is some outcome of interest within the domain specified by (say, a particular ...
The certainty that is adopted can be described in terms of a numerical measure, and this number, between 0 and 1 (where 0 indicates impossibility and 1 indicates certainty) is called the probability. Probability theory is used extensively in statistics , mathematics , science and philosophy to draw conclusions about the likelihood of potential ...
Probability and statistics are two closely related fields in mathematics that are sometimes combined for academic purposes. [1] They are covered in multiple articles and lists: Probability; Statistics; Glossary of probability and statistics; Notation in probability and statistics; Timeline of probability and statistics
Statistical theorists study and improve statistical procedures with mathematics, and statistical research often raises mathematical questions. Mathematicians and statisticians like Gauss, Laplace, and C. S. Peirce used decision theory with probability distributions and loss functions (or utility functions).