Probability is the measure of how likely an event is to happen. It’s a way to quantify uncertainty and is expressed as a number between 0 and 1, where 0 means the event will not happen and 1 means it definitely will. For example, flipping a fair coin has a probability of 0.5 (or 50%) for landing heads.
Also See: Statistics PPT: Meaning, Importance, Types, Process
Probability PPT: Definition, Types, Formula, Applications
Probability helps in making predictions and informed decisions in various fields like finance, science, and everyday life. Whether you’re calculating the odds of winning a game or assessing risk in investments, understanding probability helps you navigate uncertainties with better insight.
Also See: Mathematics Seminar Topics: Presentation Ideas For Students
Table of Content for Probability PPT
- Definition
- History of Probability
- Introduction
- Terms in Probability
- Probability Tree
- Types
- Applications
- Conclusion
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