The document provides an overview of probability concepts including:
- Probability is a measure of how likely an event is, defined as the number of favorable outcomes divided by the total number of possible outcomes.
- Theoretical probability predicts outcomes without performing experiments, dealing with events as combinations of elementary outcomes.
- Random experiments may have different results each time while deterministic experiments always produce the same outcome.
- Elementary events are individual outcomes, and compound events combine multiple elementary outcomes.
- Theoretical probability of an event is the number of favorable elementary events divided by the total number of possible events.
- The probabilities of an event and its negation must sum to 1.