📖 Samacheer Kalvi · 11th TN - English Medium · Business Maths · Page 202question

8.3  Probability · Part 2

Chapter 3: Chapter 8 · Business Maths

said to be mutually exclusive if the happening of any one of them precludes the happening of all the others, ie., if no two or more of them can happen simultaneously in the same trial. Symbolically the event A and B are mutually exclusive if A ∩ = ∅ . (vii) Equally Likely Events: Events (two or more) of an experiment are said to be equally likely, if any one of them cannot be expected to occur in preference to the others. (viii) Classical definition of Probability If a random experiment or trial results in ‘n’ exhaustive, mutually exclusive and equally likely outcomes (or cases), out of which m are favourable to the occurrence of an event E , then the probability ‘ p ’ of occurrence (or happening) of E , usually denoted by P ( E ), is given by P P E Number of favourable cases Total number of exhastive cases ( ) = = m James Bernoulli who was the first person to obtain a quantitative measure of uncertainty.

(ix) Properties (i) ≤ P ( E ) ≤ (ii) Sum of all the probability equal to . (iii) If P ( E ) = then E is an impossible event. For example : A coin is tossed. Find the probability of getting a head.

Solution: The total possible outcomes of an experiment {H,T} Therefore n = The favourable outcome for getting a head {H}. Therefore m = . Thus the required probability is P (getting a H }= m n = (x) Modern Definition of Probability The modern approach to probability is purely axiomatic and it is based on the set theory concepts. In order to study, the theory of probability with an axiomatic approach it is necessary to define certain basic concepts.

They are (i) Sample Space: Each possible outcome of an experiment that can be repeated under similar or identical conditions is called a sample point and the collection of sample points is called the sample space, denoted by S. (ii) Event: Any subset of a sample space is called

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