Basic Probability | Equally Likely Events, Probability Line, Expected Value & Relative Probability

In this video, we introduce basic probability that includes equally likely events, probability line, expected value and relative frequency.

The outcome of an event is equally likely if all of them have the same chance of occurring. This video will also explain the probability line that shows probabilities and how these probabilities relate to each other. Furthermore, by going through examples, this video demonstrates how to find a relative frequency and expected value of an event as well.

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