Detailed Summary
In this section, we delve into the foundational definitions of theoretical probability, crucial for understanding probability theory as a whole. The theoretical probability of an event E is defined by the formula:
P(E) = Number of outcomes favourable to E / Number of all possible outcomes of the experiment,
assuming that all outcomes are equally likely. We categorize events into several types:
1. Sure Event: Probability is 1, meaning the event is guaranteed to occur.
2. Impossible Event: Probability is 0, indicating that the event cannot occur under any circumstances.
3. The probability of any event E falls within the bounds of 0 and 1 inclusive: 0 ≤ P(E) ≤ 1.
4. In probability theory, an event that has only one outcome is referred to as an elementary event, and the sum of the probabilities of all elementary events adds up to 1.
5. Furthermore, for any event E, the sum of probabilities of E and its complement (not E) is also 1, establishing the property of complementary events.
This section serves as a critical introduction to theoretical probability, paving the way for deeper exploration in subsequent chapters.