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Probability

Probability

Probability theory is a branch of Mathematics which deals with describing the chances of an occurrence of event.

Probability

Probability deals with how likely an event is to occur. It has a lot of components that are used in the Data Science field. It is mostly used to describe the uncertainty in our predictions and other results. It also helps a lot in the Machine Learning field. Probability is usually described by a number, between 0 and 1. The close the number is to 1, the more likely an event is to occur.

Event

The event is the outcome to which the probability is assigned.

Sample Space

It is the set of possible outcomes or events.

  • An event with probability one is called a certain event.
  • An event with probability zero is called an impossible event.
  • The sum of all the probabilities of an experiment is always equal to 1.

We can calculate probability by counting all of the occurrences of the event and dividing it by the total possible occurrences of the event.

Probability = occurrencesnonoccurrences+occurrences\frac{occur ...