In this lesson let me share with you on what is probability and its importance to mathematics.
Introduction to Probability:
In our day to day life, we come across many uncertainties of events. We wake up in the morning and check the weather report. The statement could be 'there is 60% chance of rain today'. This statement infers that the chance of rain is more than that having a dry weather. We decide upon our breakfast from a statement that "corn flakes might reduce cholesterol". What is the chance of getting a flat type on the way to an important apartment? And so on.
How probable an event is? We generally infer by repeated observation of such events in long term patterns.
Probability is the branch of mathematics devoted to the study of such events and this study also will help us on probability problems.
I hope you enjoyed reading this. Keep reading and leave your comments. May be in the next lesson let us study on Probability Calculator.
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