Probability

Probability is a field of mathematics that deals with chance. Probability plays a major role in many domains, for example in social sciences, thermodynamics and quantum mechanics.

Glossary

  1. Odds: A quantitative value used to chance that a given outcome will occur in a given number of attempts
  2. Bernoulli Trial: An experiment that has two possible outcomes
  3. Infinite Monkey Theorem: States that given an infinite amount of time, intentionally random processes will eventually yield very complex and specific results. The example used is that a monkey smashing randomly on a keyboard for an infinite amount of time will eventually type out the complete works of Shakespeare.

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