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Foundations of Mathematics. Unidad3: Modelos ARIMA. Zalamea – Fil Sint Mat Cont. Game Theory. High School Mathematics Extensions/Discrete Probability. Introduction[edit] Probability theory is one of the most widely applicable mathematical theories. It deals with uncertainty and teaches you how to manage it. It is simply one of the most useful theories you will ever learn. Please do not misunderstand: We are not learning to predict things; rather, we learn to utilise predicted chances and make them useful. Therefore, we don't care about questions like what is the probability it will rain tomorrow?

As suggested above, a probability is a percentage, and it's between 0% and 100% (inclusive). Application[edit] You might ask why we are even studying probability. Consider the following gambling game: Toss a coin; if it's heads, I give you $1; if it's tails, you give me $2. Another real-life example: I observed one day that there are dark clouds outside. In real life, probability theory is heavily used in risk analysis by economists, businesses, insurance companies, governments, etc. Why discrete probability? Event and Probability[edit] 1. 2. 3. La_mente_nueva_del_emperador.pdf (application/pdf Objeto)