In our daily life, we often used phrases such as 'It may rain today', or 'India may win the match' or ' I may be selected for this post.' These phrases involve an element of uncertainty. How can we measure this uncertainty ? A measure of this uncertainty is provided by a branch of Mathematics, called the theory of probability.
Probability Theory is designed to measure the degree of uncertainty regarding the happening of a given event. The dictionary meaning of probability is ' likely though not certain to occur. Thus, when a coin is tossed, a head is likely to occur but may not occur. Similarly, when a die is thrown, it may or may not show the number 6.
Probability Theory is designed to measure the degree of uncertainty regarding the happening of a given event. The dictionary meaning of probability is ' likely though not certain to occur. Thus, when a coin is tossed, a head is likely to occur but may not occur. Similarly, when a die is thrown, it may or may not show the number 6.
