Probability is a measure or estimation of likelihood of occurrence of an A simple example is a coin toss that has 0.5 or 50% chance of landing with the "head" side facing up event.
Probabilty applied in everyday life like measuring the risk involved in different cases etc.. and also in analyzing the financial trading..In consumer electronics the probabilty of failure of device can be calculated which is used in finding the reliabilty of products.These is the most important application in probabilty theory.
probabilty questions found in many aptitude exams and its a easy topic and requires less time to tackle the given problem.
let the event be A
P(A)= No.of events favourable to A to Total no. of events
P(A)+P(A')=1
Probabilty applied in everyday life like measuring the risk involved in different cases etc.. and also in analyzing the financial trading..In consumer electronics the probabilty of failure of device can be calculated which is used in finding the reliabilty of products.These is the most important application in probabilty theory.
probabilty questions found in many aptitude exams and its a easy topic and requires less time to tackle the given problem.
let the event be A
P(A)= No.of events favourable to A to Total no. of events
P(A)+P(A')=1
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