The probability of an event characterizes the possibility that it will occur. When we are unsure of the outcome of an experiment, we are talking about the probability that events will happen-the chance they have...

Definitions Probabilities are the branch of mathematics that calculates the probability of an event, that is, the frequency of an event in relation to all possible cases. This branch of mathematics is born from the...

Probabilities and statistics are two subjects which undoubtedly show up in several areas. While the statistics is about gathering quantitative data and analyze it, probability, for its part, is concerned with the likelihood of occurrence...