PPT>for >lesson>about>probability:>predicting>outcome Probability is the branch of mathematics that deals with predicting the likelihood of different outcomes in uncertain situations. It helps quantify the chances of an event happening, with values ranging from 0 (impossible) to 1 (certain). In probability, events can be simple, like flipping a coin, or complex, like predicting stock market trends. The fundamental principle is based on the idea that all outcomes of a random experiment are equally likely, unless proven otherwise.
For example, when rolling a fair six-sided die, the probability of any one number appearing is 1/6. In more advanced applications, probability is used in fields like statistics, finance, and insurance, helping to make informed decisions based on uncertainty. By understanding probabilities, we can estimate the likelihood of outcomes, assess risks, and plan accordingly. Ultimately, probability provides a framework for reasoning about chance and making predictions about future events based on past data or inherent randomness.

probability-scale-starter_162423.ppt

probability_scale_starter

probability-scale-starter

Let's do English ESL general grammar practice. PPT>for >lesson>about>probability:>predicting>outcome Probability is the branch of mathematics that deals with pr…