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    Probability Theory
    Probability Theory
    Probability Theory
    Ebook32 pages33 minutes

    Probability Theory

    By IntroBooks Team

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    About this ebook

    Analysis theory of any random phenomena is known as
    probability. Main resource for concept of probability is
    probability theory. Probability theory is said to be one of many
    most important concepts or branches of mathematics. Following
    objects are known as main concepts or central objects:
    Random variables
    Stochastic processes
    Random events
    Measured quantities
    Events are a kind of abstraction achieved through mathematical
    process. This abstraction is done on the base of
    non-deterministic events. Measured quantities can also be used
    for such abstraction. Measured quantities can be single
    occurrence or also follow random fashion for time evolving
    multiple occurrences. Making predictions about the outcome of
    random events is not always easy or even impossible
    sometimes. However, if influences are made on sequence of
    individual events, they will tend to follow certain patterns that
    are much easy to study, practice and predict. For instance, if
    outcome of coin flipping or roll of dice is influenced by outer
    factors such as friction, they will follow a specific pattern when
    proving outcome. Once this certain pattern is figured out and
    understood properly, it becomes much easier to predict the
    outcome with maximum accuracy. It means that it is hard to
    understand future outcome of subsequent random events that
    makes it hard to predict them. However, it is easy to predict
    pattern exhibited by these group of events that makes it easy
    to predict them and their corresponding events also. To
    describe such patterns certain mathematical results or concepts
    are used. Law of large numbers and central limit theorem are
    two main concepts that are used to study and describe such
    patterns followed by sequential random events.
    Mathematical foundations of statistics consider probability theory
    as a practical part for any human activity in which, quantitative
    analysis of large data sets are involved. Involving in daily
    human activities makes probability theory a main concept of
    mathematics and statistics. It is also heavily involved in many
    mathematical and statistical concepts, which also makes it
    important for one to learn and understand basic concepts of
    this theory. Probability theory can also be used to describe
    complex systems, systems that hold only partial knowledge of
    their corresponding state. These descriptions are done the same
    way they are done in statistical mechanics. This is the main
    reason for which this theory is considered as a part of both
    mathematics and statistics. However, mathematics and statistics
    are parent theories for each other so any concept of
    mathematics can be a concept of statistics and any concept of
    statistics can be a concept of mathematics. Discovery of
    probabilistic behavior of physical phenomena is considered a
    great discovery in the field of physics. This probabilistic behavior
    was observed at atomic scales. This whole observation was
    heavily related to the concepts of probability theory. However,
    probability theory was not used as a complete base in that
    theory. This concept and research is broadly described in
    theory of quantum mechanics. Quantum mechanics is arguably
    the only field in physics, which is related with the concepts of
    probability theory. However, researches are still going on and
    more connections are much likely to be found out soon thanks
    to the deep relations between mathematics and physics.

    LanguageEnglish
    PublisherIntroBooks
    Release dateNov 23, 2019
    ISBN9781393417699

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      Book preview

      Probability Theory - IntroBooks Team

      Probability

      Theory

      IntroBooks #235

      readintrobooks.com

      Copyright © 2016 Can Akdeniz

      All rights reserved.

      Preface

      Analysis theory of any random phenomena is known as probability. Main resource for concept of probability is probability theory. Probability theory is said to be one of many most important concepts or branches of mathematics. Following objects are known as main concepts or central objects:

      Random variables

      Stochastic processes

      Random events

      Measured quantities

      Events are a kind of abstraction achieved through mathematical process. This abstraction is done on the base of non-deterministic events. Measured quantities can also be used for such abstraction. Measured quantities can be single occurrence or also follow random fashion for time evolving multiple occurrences. Making predictions about the outcome of random events is not always easy or even impossible sometimes. However, if influences are made on sequence of individual events, they will tend to follow certain patterns that are much easy to study, practice and predict. For instance, if outcome of coin flipping or roll of dice is influenced by outer factors such as friction, they will follow a specific pattern when proving outcome. Once this certain pattern is figured out and understood properly, it becomes much easier to predict the outcome with maximum accuracy. It means that it is hard to understand future outcome of subsequent random events that makes it hard to predict them. However, it is easy to predict pattern exhibited by these group of events that makes it easy to predict them and their corresponding events also. To describe such patterns certain mathematical results or concepts are used. Law of large numbers and central limit theorem are two main concepts that are used to study and describe such patterns followed by sequential random events.

      Mathematical foundations of statistics consider probability theory as a practical part for any human

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