What is Probability? Simple Definition and Examples
Probability is the measure of the likelihood or chance that a given event will occur.
Some Important Key Concepts about Probability
The probability is expressed as a number between 0 and 1.
- When the probability is 1, the event will occur 100% of the time.
- The closer to 1, the more likely the event will occur.
- When the probability is 0, the event will never occur.
- The closer to 0, the less likely the event will occur.
Probability of a Few Interesting Events
For example, we could find the probability for the following events:
Let A be the event that it will snow in Norway in December
Let B be the event that a die will land on 4
Let C be the event that the universe will disappear tomorrow.
P(A) = 1 since there is always snow in Norway in December
P(B) = 1/6 since there are 6 possibilities and 4 is one of them
p(C) = 0 because the universe will not disappear tomorrow.
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