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Question: What is \(P\left( E \right)\) in probability?...

What is P(E)P\left( E \right) in probability?

Explanation

Solution

Here in this question, we have been asked to define P(E)P\left( E \right) in probability. From the basic concepts of probability, we know that the probability of an event EE is given by the formula Number of favorable outcomesTotal number of possible outcomes\dfrac{\text{Number of favorable outcomes}}{\text{Total number of possible outcomes}} and it is represented as P(E)P\left( E \right).

Complete step by step solution:
Now considering the question, we have been asked to define P(E)P\left( E \right) in probability.
From the basic concepts of probability, we know that the probability of an event EE is given by the formula Number of favorable outcomesTotal number of possible outcomes\dfrac{\text{Number of favorable outcomes}}{\text{Total number of possible outcomes}} and it is represented as P(E)P\left( E \right).
The probability of any event P(E)P\left( E \right) always lies between 0 and 1 only mathematically this can be represented as 0P(E)10\le P\left( E \right)\le 1 .
The probability of an impossible event is given as zero mathematically this can be given as P(E)=0P\left( E \right)=0 .
The probability of a certain event is given as one mathematically this can be given as P(E)=1P\left( E \right)=1 .
Let us consider an example, we have tossed a coin the set of possible outcomes is given as \left\\{ H,T \right\\} .
Then the probability of occurring a head for sure is given as 12\dfrac{1}{2} .
Therefore we can conclude that the probability is used to evaluate how likely an event is to occur, or how likely it is true.

Note: During answering questions of this type, we should be sure of the concepts that we are going to discuss. This is a very simple and easy question and can be answered in a short span of time. This question is directly based on the concepts. This is a theoretical question.