Probabilities express the likelihood of an event occurring from "summary" of Maths Mate – 6 NEW by Madhubun
Probabilities are a way to measure the chances of an event happening. They can be expressed as fractions, decimals, or percentages. For example, if the probability of something happening is 1/4, then there is a 1 in 4 chance of it happening. The likelihood of an event occurring can be determined by considering all possible outcomes and how many of those outcomes would result in the event happening. This is known as the probability of the event. The probability of an event can range from 0 to 1, with 0 meaning the event will not happen and 1 meaning it will definitely happen. Probabilities can help us make decisions by providing us with information about the likelihood of different outcomes. For example, if we know the probability of winning a game is 1/3, we can decide whether or not to play based on our tolerance for risk. Understanding probabilities can also help us interpret information in the world around us. For example, weather forecasts often include probabilities of rain, which can help us decide whether or not to carry an umbrella.- Probabilities are a useful tool for understanding and predicting the likelihood of events occurring. By considering all possible outcomes and their likelihoods, we can make informed decisions and interpret information more effectively.
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