Probability is a measure of how likely an event is to occur. It is expressed as a fraction between 0 and 1, where the numerator is the number of favorable outcomes and the denominator is the total number of possible outcomes. There are general rules for probability - the probabilities of all outcomes must sum to 1, and the probability of an event not occurring is 1 minus the probability of it occurring. Probability is used in many fields involving chance, like math, statistics, finance, science, and more.