Includes index.

Probability theory is the branch of mathematics that deals with modelling uncertainty. It is important because of its direct application in areas such as genetics, finance and telecommunications. Probability deals with predicting the likelihood of future events, while statistics involves the analysis of the frequency of past events. Probability is primarily a theoretical branch of mathematics, which studies the consequences of mathematical definitions. It is also forms the fundamental basis for many other areas in the mathematical science including statistics, modern optimization methods and risk modelling. Probability is a notion which we use to deal with uncertainty. If an event can have a number of outcomes, and we don't know for certain which outcome will occcur, we can use probability to describe the likelihood of each of the possible events. This book provides an introduction to probability theory, random variables and Markov processes. This book is comprised of six chapters. It provides an elementary introduction to probability and statistics with applications. Topics include basic combinatorics, random variables, probability distributions, Bayesian inference, hypothesis testing, confidence intervals, and linear regression

3G E-Learning (2020). Probability.