Data Science and Machine Learning (Theory and Projects) A to Z - Experiment: Event Solution 01

The video tutorial explains the concept of sets and their elements, introducing the idea of a power set, which includes all possible subsets of a set, including the empty set. It discusses the properties of power sets, noting that a power set of a set with N elements contains 2^N elements. The tutorial also covers the concept of sample space and events, explaining that a sample space with 16 elements can generate 2^16 events, with the empty set being an impossible event.

Describe the significance of the power set in relation to subsets.

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What does it mean when we say that the power set has 'two raised to the power N' elements?

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