Question

What is the study of probability?

Answer 1

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 $P\left(E\right)$.