The measure of the likelihood of an event occurring.
Here's a breakdown:
* Event: Any specific outcome or situation. (e.g., rolling a 6 on a die, getting heads on a coin flip, rain tomorrow).
* Likelihood: How likely something is to happen, often expressed as a number between 0 and 1.
* 0 means it's impossible.
* 1 means it's certain.
* Values between 0 and 1 represent varying degrees of likelihood.
Key aspects of probability:
* It's based on chance: Probability deals with events that are not certain but subject to random variation.
* It's expressed as a fraction, decimal, or percentage: This allows us to quantify the likelihood of events.
* It's used in many fields: Probability is fundamental in fields like statistics, finance, science, and even everyday decision-making.
Let me know if you'd like a more detailed explanation of a specific aspect of probability!