Probability theory is a branch of mathematics that helps us understand and measure how likely something is to happen. It helps us make predictions and assumptions based on available information and helps us deal with uncertainty. Full definition
Their insights into games of chance formed the foundation of probability theory. (newscientist.com)
His research focuses on probability theory and statistical physics, with a broad emphasis on discrete systems that undergo phase - transition phenomena. (zuckerman-scholars.org)
Another, older example from probability theory illustrates a variant of the idea. (scientificamerican.com)