Pascal and Fermat were the first to model the exhibited regularity of chance or uncertain events and apply it to solve a practical problem.

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Pascal and Fermat are credited with the development of probability theory in the 17th century, when they corresponded about the problem of points, which concerned the division of stakes in a game of chance that was interrupted. This is considered one of the first practical applications of probability theory.

Pascal and Fermat Were the First to Model the Exhibited