The Axioms - Probability
The word " Probability " often comes into our day-to-day life referring to, " What is the probability of some random event ? " simply saying what at most chance the event to occur. In my last blog " What is the probability you will open this blog ? " I told you, why for a long time, I have been in a dilemma, about why probability is so useful , my counter-argument was, "Probability tells us about the most probable event to happen based on the available ones, it does not give us the guarantee that the event to be happened for sure, then why it's so overrated ?" and I give you a classical definition of probability. Although the classical definition easily gives us the probability, it has some ambiguity . 😢😢 1) It is applicable when the total number of events are finite. ...