Advanced Math

Question :
What is the meaning of Probability ?

Answer :
Here is a quotation about Probability by Bishop Butler :
A gambler's dispute in 1654 led to the creation of a mathematical theory of probability by two famous French mathematicians, Blaise Pascal and Pierre de Fermat. The earliest work was performed by Girolamo Cardano (1501-1576) an Italian mathematician, physician, and gambler.
Probability theory is the branch of mathematics concerned with analysis of random phenomena.
That which chiefly constitutes Probability is expressed in the World Likely, i.e. like some Truth, or true Event; like it, in itself, in its Evidence, in some more fewer of its Circumstances. For when we determine a thing to be probably true, . .Its from the Mind's remarking in it a Likeness to some other Event, which we have observed has come to pass.
If an event can occur in a ways and the chance of it not occuring in b ways the probability of it occuring is (a/(a + b)) and of its failing is (b/(a + b)). Therefore, in a group of 29 waiting outside a movie house to buy ticket for the movie only five tickets are avaible, then the probability of any one particular person getting a ticket is (5/29) and of his not getting a ticket is (24/29).
Let us take another example, if one handkerchief is to be drawn from a bag containing two white handkerchieves and three black handkerchieves the probability of drawing a white handkerchief is 2/5 and the probability of drawing a black handkerchief is 3/5.
Probability theory is used extensively in areas such as statistics, mathematics, science and philosophy to draw conclusions about the likelihood of potential events and the underlying mechanics of complex systems.
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