Experiment and outcomes A probabilistic model is a mathematical description of an uncertain situation. Every probabilistic model involves an underlying process,called the experiment Example.Flip two coins. The experiment produces exactly one out of several possible outcomes. Example.four outcomes:(HH,HT,TH,TTExperiment and outcomes  A probabilistic model is a mathematical description of an uncertain situation.  Every probabilistic model involves an underlying process, called the experiment.  Example. Flip two coins.  The experiment produces exactly one out of several possible outcomes.  Example. four outcomes: 𝐻𝐻, 𝐻𝑇, 𝑇𝐻, 𝑇𝑇