Key Lessons from Probability LC-01

Sample space:
It is the set of all the possible outcomes of an experiment. *Experiment being anything from rolling a dice to tossing a coin*.
Event:
An event is a subset of the sample space.
Naive definition of Probability:
P(E)= no. of favorable outcomes/ no. of possible outcomes.
Assumptions made:
All outcomes are equally likely(it is a fair coin).
We have a finite no. of sample space.(else the denom. will be infinity)
Counting rules:
Multiplication rule:
If you have an experiment 1 with n1 possible outcomes, and another experiment 2 with n2 possible outcomes for each and every outcome of experiment 1 and similarly experiment r with nr possible outcomes for each and every outcome of experiment r-1 then,
Total overall possible outcomes = n1 x n2 x … x nr. (i.e. , the product of all the possible outcomes).
example: imagine you go to eat ice-cream at a parlor and you have two cone options and 3 flavor options,
experiment 1: choosing either one cone from the 2 options. That gives us the no. of outcomes of exp 1 as 2.
experiment 2: choosing either one flavor from the 3 options. That gives us the no. of outcomes of exp 2 as 3.
so the total no. of outcomes or ways u can have a ice cream is = 2.3 = 3.2 = 6.
P.S. you can also imagine it as a tree with branches coming out to understand it more structurally.
Binomial coefficient:
nCk = n!/(n-k)!.k!
#Subsets of size k, of group of n people where order doesn’t matter.
we can explain the above the expression with the following example:
Suppose you have n people (say, 5 people: Alice, Bob, Charlie, David, and Eva), and you want to choose k of them (say, 3 people) to go on a trip.
Let’s walk through what’s happening when we calculate:
nCk = n.(n-1).(n-2)….(n-k+1)/k!
🎯 Step-by-step with an example:
Let’s take n = 5, k = 3 (you want to choose 3 out of 5 people).
🔢 First: Count ordered selections
If you select 3 people in order, like:
First person
Second person
Third person
You could pick:
Alice → Bob → Charlie
Bob → Charlie → Alice
Charlie → Alice → Bob
... and so on.
This counts permutations, which is:
5⋅4⋅3=60
Because:
First choice: 5 options
Second choice: 4 left
Third choice: 3 left
This counts all different ways to pick 3 people in order.
❓But wait — what if we don’t care about order?
Like if Alice, Bob, and Charlie go on a trip, it doesn’t matter if we say:
Alice → Bob → Charlie
Charlie → Bob → Alice
Bob → Alice → Charlie
…it’s the same group.
So for every group of 3 people, there are 3! = 6 ways to order them.
That means we overcounted by a factor of 3!.
✅ So we correct for that:
5C3 = 5.4.3/3! = 10
There are 10 unique groups of 3 people, ignoring the order.
Question based on learnings:
What is the probability of getting a full-house in poker?
P(f.h) = 13.(4C3).12.(4C2)/(52C5)
Subscribe to my newsletter
Read articles from Bhavesh Kapil directly inside your inbox. Subscribe to the newsletter, and don't miss out.
Written by

Bhavesh Kapil
Bhavesh Kapil
I'm a BTech CSE undergrad from a tier 3 college, documenting my journey from academic setbacks to building real-world skills in coding, ML, and finance. This blog is for anyone who believes in second chances and self-made success. I'm going to document everything I learn here and help you all connect with me by being real and also sharing the mistakes I made along the way, so you don't repeat the same. Let’s go on a journey of self-improvement and see how consistency and the mindset of showing up every day help beat the odds.