In this episode, we provide an introduction to probability by exploring the classical definition, a concept rooted in the Renaissance and often used for pedagogical purposes. While historically significant, it has limitations in real-life applications.We'll also delve into key concepts in probability theory, including the sample space, event space, mutually exclusive events, and independence.Are you ready to take the risk?Become a supporter of this podcast: https://www.spreaker.com/podcast/the-logic-of-risk--6469023/support.