Probability is the branch of mathematics that deals with the likelihood or chance of an event occurring

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About This Presentation

The higher the probability, the more likely the event is to occur. If we toss a coin or roll a die, probability helps us determine the likelihood of outcomes.


Slide Content

R19AD251 - Data Science Unit-III: Probability concepts and axioms of probability

Topics covered Probability Concepts Axioms of Probability

Probability Concepts Probability is the branch of mathematics that deals with the likelihood or chance of an event occurring. It is a measure of how likely an event is to happen and is expressed as a number between 0 and 1, where: means the event will not occur (impossible event). 1 means the event will certainly occur (certain event). The higher the probability, the more likely the event is to occur. If we toss a coin or roll a die, probability helps us determine the likelihood of outcomes.

Probability Concepts

Probability Concepts

Axioms of Probability The axioms of probability are the fundamental rules that all probabilities must follow. These were formalized by Andrey Kolmogorov in 1933 and are also known as Kolmogorov's Axioms .

Axioms of Probability

Axioms of Probability

Axioms of Probability

Additional Rules of Probability

Additional Rules of Probability

Additional Rules of Probability

Additional Rules of Probability

Examples of Probability Axioms in Practice

Probability concepts and axioms of probability Any Queries???
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