Probability is a fundamental topic in Quantitative Reasoning that helps us assess how likely an event is to occur. By understanding its core concepts and techniques, we can quantify uncertainty and make decisions in areas ranging from games of chance to real‑world risk analysis. Probability helps us determine the odds of an event happening or not happening.
Term | Definition | Example |
Sample Space | The set of all the possible outcomes to occur in any trial | 1. Tossing a coin, Sample Space (S) = {H,T} 2. Rolling a die, Sample Space (S) = {1,2,3,4,5,6} |
Sample Point | It is one of the possible results | In a deck of Cards:
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Experiment or Trial | A series of actions where the outcomes are always uncertain. | The tossing of a coin, Selecting a card from a deck of cards, throwing a dice. |
Event | It is a single outcome of an experiment. | Getting a Heads while tossing a coin is an event. |
Outcome | Possible result of a trial/experiment | T (tail) is a possible outcome when a coin is tossed. |
Complimentary event | The non-happening events. The complement of an event A is the event, not A (or A’) | In a standard 52-card deck, A = Draw a heart, then A’ = Don’t draw a heart |
Impossible Event | The event cannot happen | In tossing a coin, impossible to get both head and tail at the same time |
Usually, you would encounter two major types of problems in Probability with the use of conjunctions AND and OR.
In general, event definition means breaking up the event into the most basic building blocks, which are commonly through the two English conjunctions— AND and OR.
A’ = S – A.
Event A and A’ are mutually exclusive and exhaustive.
Consider the example of tossing a coin. Let P(E) denote the probability of getting a tail when a coin is tossed. Then,
When two events, A and B, are independent, the probability of both occurring is:
P(A and B) = P(A ∩ B) = P(A) × P(B)
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1. What is the concept of conditional probability? | ![]() |
2. How does Bayes' Theorem relate to probability? | ![]() |
3. What are mutually exclusive events in probability? | ![]() |
4. What are equally likely events in probability? | ![]() |
5. What is meant by an exhaustive set of events in probability? | ![]() |