What are probabilities?

Dive into the world of probabilities with '1 Minute Wonders' and discover how this mathematical concept measures the likelihood of events, from the simple flip of a coin to complex predictions in weather and health. #Probabilities #MathInRealLife #statistics
Probability theory was formalized in the 17th century by mathematicians Blaise Pascal and Pierre de Fermat.
The probability of getting a perfect bracket in the NCAA March Madness is about 1 in 9.2 quintillion.
Weather predictions are based on probabilities calculated from various models and historical data.
In genetics, probabilities are used to predict the likelihood of inheriting certain traits.
The Monty Hall problem is a famous probability puzzle that challenges our intuition about statistical odds.
‪@mathsmasti‬