Event
In probability, an event is a specific outcome or a collection of outcomes resulting from a random experiment. It represents a subset of the sample space, which contains all possible outcomes of that experiment. Events are the primary focus when calculating the likelihood of a particular result occurring.
Key Concepts
An event can consist of a single outcome, known as an elementary event, or multiple outcomes, known as a compound event.
The probability of any event E, denoted as P(E), is always a real number ranging from 0 to 1, where 0 indicates an impossible event and 1 indicates a sure event.
For any event E, there exists a complementary event 'not E', such that the sum of their probabilities is exactly 1.
Real World Applications
Rolling a standard six-sided die and getting an even number (2, 4, or 6) is an event.
Drawing a red card or a face card from a standard deck of 52 playing cards represents a specific event.