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Probability is a chance of occurring in an event from total outcomes. With the help of probability, we can predict the happening of an event. The probability range lies between 0 and 1, where 0 means an impossible event, and 1 means a certain event. More probability, more chance of occurring in an event.
Probability of an event P(E)= Number of favourable outcomes/Total outcomes = 0≤P(E)≥1
There are 12 boys and 4 girls in a class. A student is selected at random. Find the probability of selecting a boy?
Number of boys in class P(B) = 12
Number of girls in class P(G) = 4
Total number of students in class P(B+G) = 12+4 = 16
Therefore, the probability of selecting a boy P(E) = Favourable outcome/ Total outcome
=P(selecting a boy)/P(total students)
= P(B)/ P(B+G)
These are 3 main types of probability:
P(E)= No.of time event occurs/Total number of experiments = 5/20
P(E)= Count of a favourable outcome/Total no. of a possible outcome
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Probability is a chance of occurring in an event from total outcomes. Get excellent services from our Probability Probability Distributions help experts learn more about its concept. Our Expert Tutors are accessible 24*7 for your help.
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Conditional probability is based on the occurrence of the previous event or outcome. It is the Probabilities of an event occurring given another event has occurred. You can get conditional Probabilities assignments by high qualified experts at low prices.
In simple words, the probability is the forecasting of future events, while statistics is the analysis of the past event frequency.
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