When it comes to probability, the two fundamental rules that everyone needs to remember are ** 1) Sum rule and 2) Product rule, **mathematically the can be written as,

As said by Walter Bagehot,

Life is a school of probability.

If I put it in simple words, *probability tells how likely an event will occur*.

Let's take the simplest example possible that is tossing a coin(because it has only two outcomes) and this is familiar to most people as the most favourite game of INDIA(Cricket) requires the same experiment for deciding which team will bat first. …

Artificial Intelligence at IISc