Probability
Probability
Probability
The theory of probability had its origin in gambling and games of chance. It
owes much to the curiosity of gamblers who pestered their friends in the
mathematical world with all sorts of questions. Unfortunately, this association
with gambling contributed to very slow and sporadic growth of probability
theory as a mathematical discipline. The mathematicians of the day took little
or no interest in the development of any theory but looked only at the
combinatorial reasoning involved in each problem.
SAMPLE SPACE
In most branches of knowledge, experiments are a way of life. In probability and
statistics, too, we concern ourselves with special types of experiments. Consider
the following examples.
Example 1. A coin is tossed. Assuming that the coin does not land on the
side, there are two possible outcomes of the experiment: heads and tails. On
any performance of this experiment, one does not know what the outcome
will be. The coin can be tossed as many times as desired.
Example 2. A roulette wheel is a circular disk divided into 38 equal sectors numbered from 0 to
36 and 00. A ball is rolled on the edge of the wheel, and the wheel is rolled in the opposite
direction. One bets on any of the 38 numbers or some combination of them. One can also bet
on a color, red or black. If the ball lands in the sector numbered 32, say, anybody who bet on
32, or a combination including 32, wins; and so on. In this experiment, all possible outcomes
are known in advance, namely 00, 0, 1, 2,.. . , 36, but on any performance of the experiment
there is uncertainty as to what the outcome will be, provided, of course, that the wheel is not
rigged in any manner. Clearly, the wheel can be rolled any number of times.