1: Our Random World-Probability Defined The concept of randomness and its quantification through probability is central to understanding the world of science, games, business, and other endeavors. This lecture introduces the basic laws of probability. 2: The Nature of Randomness Randomness refers to situations in which given results are unpredictable,...

Life is full of probabilities. Every time you choose something to eat, you deal with probable effects on your health. Every time you drive your car, probability gives a small but measurable chance that you will have an accident. Every time you buy a stock, play poker, or make plans...