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What is the study of probability?


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Solution

The study of probability

  • Probability is one of the branches of mathematics.
  • In probability, we are finding the chances to occur of an event.
  • The value of probability for an event is from zero to one.
  • For an impossible event, the probability is zero.
  • For a certain event, the probability is one.
  • If the probability of an event is higher then the event is known as most likely event.
  • If the probability of an event is lower then the event is known as least likely event.
  • Probability of an event is denoted by PE.

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