{"id":9470,"date":"2020-12-09T09:53:31","date_gmt":"2020-12-09T04:23:31","guid":{"rendered":"https:\/\/cbselibrary.com\/?p=9470"},"modified":"2020-12-09T14:29:56","modified_gmt":"2020-12-09T08:59:56","slug":"intuitive-idea-probability","status":"publish","type":"post","link":"https:\/\/cbselibrary.com\/intuitive-idea-probability\/","title":{"rendered":"Intuitive Idea of Probability"},"content":{"rendered":"
The theory of probability was developed towards the end of the 18th century and its history suggests that it developed with the study of games and chance, such as rolling a dice, drawing a card, flipping a coin etc. \u2018probability\u2019 thus suggest that there is an uncertainty about the happening of events.<\/p>\n
Probability<\/strong> is the chance that something will happen – how likely it is that some event will\u00a0happen. We use ratios to show how likely, or unlikely, an outcome might be. For example, the probability of getting heads on the toss of a penny is the ratio . Heads is one of two possible outcomes when a penny is tossed.<\/p>\n
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\nSometimes you can measure a probability with a number: \u201c10% chance of rain\u201d, or you can use words such as impossible, unlikely, possible, even chance, likely and certain.<\/p>\n
\nThis ratio is called the probability.
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