Learn how to calculate your chances with easy-to-understand explanations of probability

Probability—the likelihood or chance of an event occurring—is an important branch of mathematics used in business and economics, finance, engineering, physics, and beyond. We see probability at work every day in areas such as weather forecasting, investing, and sports betting. Packed with real-life examples and mathematical problems with thorough explanations, Probability For Dummies helps students, professionals, and the everyday reader learn the basics. Topics include set theory, counting, permutations and combinations, random variables, conditional probability, joint distributions, conditional expectations, and probability modeling. Pass your probability class and play your cards right, with this accessible Dummies guide.

• Understand how probability impacts daily life
• Discover what counting rules are and how to use them
• Practice probability concepts with sample problems and explanations
• Get clear explanations of all the topics in your probability or statistics class

Probability For Dummies is the perfect Dummies guide for college students, amateur and professional gamblers, investors, insurance professionals, and anyone preparing for the actuarial exam.

Deborah J. Rumsey, PhD, is a Professor of Teaching Practice at The Ohio State University. Dr. Rumsey is a Fellow of the American Statistical Association, and the author of several For Dummies titles, including Statistics For Dummies and Statistics Workbook For Dummies.