Basic Probability Concepts
Abstract
This chapter deals with basic concepts in probability including sample space and events, elementary set theory, conditional probability, independent events, basic combinatorial analysis, and applications of probability.
Keywords
Sample space
probability
conditional probability
reliability function
1.1 Introduction
Probability deals with unpredictability and randomness, and probability theory is the branch of mathematics that is concerned with the study of random phenomena. A random phenomenon is one that, under repeated observation, yields different outcomes that are not deterministically predictable. However, these outcomes obey certain conditions of statistical regularity whereby the relative ...
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