Unique Skill ID: KS1267577CJ31KMMQ169

Probability Theories

Probability theory is the branch of mathematics that deals with the study of random events or phenomena. It is concerned with quantifying the likelihood of various events happening, and it provides a framework for making predictions, analyzing data, and making decisions under uncertainty. Probability theory has many applications in fields such as finance, insurance, engineering, physics, biology, and computer science. Being able to understand and apply probability theories requires a deep understanding of mathematics, statistics, and probability distributions.

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