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Abstract

Originally, probability theory was developed to describe games of chance. However, in recent years, the theory of probability has become extremely useful in solving practical problems involving the chances of succeeding at various endeavors. Often businessmen or engineers must decide which of several different alternatives has the greatest probability of success. Probability may be used in any situation in which one is not certain of the outcome. In this chapter, we shall study some of the more important aspects of elementary probability theory.

Keywords

Binomial Distribution Sample Space Hypergeometric Distribution Executive Board Probability Rule 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag New York Inc. 1978

Authors and Affiliations

  • Edward J. LeCuyerJr.
    • 1
  1. 1.Department of MathematicsWestern New England CollegeSpringfieldUSA

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