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Note 1: Introduction to Probability

Probability is a branch of mathematics that deals with the likelihood or chance of events
occurring. It provides a framework for understanding and quantifying uncertainty.
Probability is often represented as a value between 0 and 1, where 0 represents an
impossible event and 1 represents a certain event. Understanding probability is essential
in various fields such as statistics, economics, physics, and more. It helps us make
informed decisions, assess risks, and analyze data.

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