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Set Theory: The Language of Probability - Statistics at UC ... Usually, Venn diagrams do not have a scale, but because this figure is intended to represent the outcome space S, it represents the probability of an event by the area of the event. Probability is never greater than 100%, so the area of S in the diagram is 100%. Venn Diagram Definition - investopedia.com A Venn diagram is an illustration that uses circles to show the relationships among things or finite groups of things. Circles that overlap have a commonality while circles that do not overlap do... Funny Venn diagrams to inspire you | Cacoo Venn diagrams (aka primary diagrams, set diagrams, or logic diagrams) are diagrams that show the logical link between sets. Created by John Venn in the 1880s, they were originally used to teach set theory and show relationships between probability, logic, statistics, linguistics, and computer science. Essentially, a Venn diagram is a diagram ... Stats venn di...