 Hi everyone it's MJ and welcome to the introductory video on probability. Now probability is a fundamental cornerstone to the whole subject of statistics. Now this is the big picture of stats and what we see is that stats is all about you know we've got some data, we calculate our statistics which gives us information on parameters and distributions of this thing called the random variable which generated the data in the first place and we reason why we want that is that we can answer questions and optimize processes and this is in various fields from manufacturing, farming, banking, insurance, financial market, scientific research, there's a lot of goodness that can come from statistics. Now probability, probability is probably the most important piece of mathematics that we're going to be using in statistics and the reason for that is that probability, probability helps us drastically with this thing called the distribution. We're going to be seeing later on that distributions have something known as probability distribution functions and these things over here are used throughout the course and the only way we can really understand them is if we have a good solid grasp on what probability is. So what we're going to be doing in this course is we're going to be talking a lot about very mathematical concepts it's very abstract and it's going to be a whole weird new set of notation and you're going to be like whoa whoa what's going on. The whole idea is to keep in the back of your mind this image and know that without probability without what you're learning now you're not going to be able to do the rest of this subject which is so critical in all of these other fields that you know pay your salary and help you get a job later on in life. So with that as your introduction please let me know if you've got any questions about it but I'm looking forward to seeing you in the course. Thanks for watching, cheers.