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In Mathematics, fractions are defined as the parts of a whole. The whole can be an object or a group of objects. In real life, when we cut a piece of cake from the whole of it, then the portion is the fraction of the cake. A fraction is a word that is originated from Latin. In Latin, “Fractus” means “broken”.

Probability is simply how likely something is to happen. Whenever we're unsure about the outcome of an event, we can talk about the probabilities of certain outcomes—how likely they are. The analysis of events governed by probability is called statistics.