PROBABILITY

PROBABILITY

                                                                                     

IMPORTANT POINTS TO REMEMBER

·      A event for an experiment is the collection of some outcomes of the experiment.

·       Empirical probability P(E) of an event E is given by

·      P(E) = Number of trials in which E has happened

         Total number of trials

·      Probability of an event lies between 0 and 1 ( both inclusive).

·       Sum of the probabilities of all the events of an experiment is 1.