👉 In probability theory, a probability is a number that represents the likelihood of an event occurring. It ranges from 0 to 1, where 0 indicates impossibility and 1 indicates certainty. The concept of probability arose in the mid-18th century when mathematicians began to study how events could be correlated with probabilities. Probability is a fundamental tool in statistics, economics, and many other fields, used to quantify uncertainty, make predictions, and solve problems.
