This guidebook on minimum content for a study of probability and its applications was designed for the student who has mastered second-year algebra. Covered in this booklet are sample spaces; tree diagrams, permutations, combinations, probability concepts and applications; and game theory. The course goals and performance objectives are specified, and a course outline along with suggested sources and strategies are provided. Sample pretest and posttests and an annotated list of 14 references are included. (DT)