Appendix A : Introduction to Probability and stochastic processes

Lecturer: Haim Permuter Scribe: Shai Shapira and Uri Livnat " The probability of an event is the ratio of the number of cases favorable to it, to the number of all cases possible when nothing leads us to expect that any one of these cases should occur more than any other, which renders them, for us, equally possible. " Probability space formalizes three interrelated ideas by three mathematical notions. • Ω-Sample space : set of all possible outcomes ω of a particular random experiment.