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probability theory, a branch of mathematics concerned with the analysis of random phenomena. The outcome of a random event cannot be determined before it occurs, but it may be any one of several possible outcomes. The actual outcome is considered to be determined by chance.
Probability theory is a branch of mathematics concerned with the analysis of random phenomena. The outcome of a random event cannot be determined before it occurs, but it may be any one of several possible outcomes. The actual outcome is considered to be determined by chance. The basic concepts of probability theory are also used in the sciences. By applying probability theory, one can measure or predict the phenomenon, or understand how likely certain events are to occur.. Probability theory is applied in biological evolution, for instance, to understand how likely different genetic combinations are to occur in populations with certain evolutionary pressures.”
Probability theory is the product of many different historical threads. It was both fascinated by games of chance and successively applied to new areas in science. The mathematical formulation of probability led directly to its applications in several fields, especially in the physical sciences. Probability theory separates into two main branches when it appears in different scientific contexts: when it appears in “pure form,” it is usually known as probability theory, when it appears with reference to statistics, it is usually known as either statistical inference or statistical methods. A further division in the context of statistical inference is the separation between parametric and non-parametric statistics.
The word probability has several meanings in ordinary conversation. Two of these are particularly important for the development and applications of the mathematical theory of probability. One is the interpretation of probabilities as relative frequencies, for which simple games involving coins, cards, dice, and roulette wheels provide examples. The distinctive feature of games of chance is that the outcome of a given trial cannot be predicted with certainty, although the collective results of a large number of trials display some regularity. For example, the statement that the probability of “heads” in tossing a coin equals one-half, according to the relative frequency interpretation, implies that in a large number of tosses the relative frequency with which “heads” actually occurs will be approximately one-half, although it contains no implication concerning the outcome of any given toss. There are many similar examples involving groups of people, molecules of a gas, genes, and so on. Actuarial statements about the life expectancy for persons of a certain age describe the collective experience of a large number of individuals but do not purport to say what will happen to any particular person. Similarly, predictions about the chance of a genetic disease occurring in a child of parents having a known genetic makeup are statements about relative frequencies of occurrence in a large number of cases but are not predictions about a given individual.
The fundamental ingredient of probability theory is an experiment that can be repeated, at least hypothetically, under essentially identical conditions and that may lead to different outcomes on different trials. The set of all possible outcomes of an experiment is called a “sample space.” The experiment of tossing a coin once results in a sample space with two possible outcomes, “heads” and “tails.” Tossing two dice has a sample space with 36 possible outcomes, each of which can be identified with an ordered pair (i, j), where i and j assume one of the values 1, 2, 3, 4, 5, 6 and denote the faces showing on the individual dice. It is important to think of the dice as identifiable (say by a difference in colour), so that the outcome (1, 2) is different from (2, 1). An “event” is a well-defined subset of the sample space. For example, the event “the sum of the faces showing on the two dice equals six” consists of the five outcomes (1, 5), (2, 4), (3, 3), (4, 2), and (5, 1).
A third example is to draw n balls from an urn containing balls of various colours. A generic outcome to this experiment is an n-tuple, where the ith entry specifies the colour of the ball obtained on the ith draw (i = 1, 2,…, n). In spite of the simplicity of this experiment, a thorough understanding gives the theoretical basis for opinion polls and sample surveys. For example, individuals in a population favouring a particular candidate in an election may be identified with balls of a particular colour, those favouring a different candidate may be identified with a different colour, and so on. Probability theory provides the basis for learning about the contents of the urn from the sample of balls drawn from the urn; an application is to learn about the electoral preferences of a population on the basis of a sample drawn from that population.
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Collegelearners.com site provides all the information you need about the the number of books on a probability theory: the logic of science,a first course in advanced probability theory book pdf,advanced probability theory pdf,advanced probability and statistics,introduction to probability pdf,probability and statistics books models such as queueing theory and the theory of inventory control systems, amongst other things.