Probability Theory: Unlocking the World of Chance
In the world of mathematics, probability theory has a significant presence due to its application in myriad disciplines, from computer science to quantum physics, finance, and beyond. By the end of this blog post, you will appreciate and understand several critical aspects of probability theory, including how it is represented, calculated, and interpreted. Probability: A Measure of Uncertainty Let’s first appreciate that a probability is a number between 0 and 1, inclusive....