PROBABILITY
Probability is determining the likelihood or odds that an event will occur. It is useful, therefore, for predicting outcomes of random trials. A subset of an outcome is an event, and it occurs when realized during a trial.
An occurrence of an event can happen when two or more events have no dependency on each other. Or an event can happen when two or more events are exclusive of each other. Regardless, the probability of an event can be calculated with or without prior observation. The sum of all probabilities must equal a value of one.
If no dependency exists between events, then the probability of their joint occurrences is the product of their individual probabilities. If a dependency exists, then the sum of their individual ...
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