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Wavefunctions and the Born rule
For a particle moving in continuous space, its quantum state can be represented by a wavefunction
$$\psi(x,t),$$
a complex-valued amplitude associated with position $x$ at time $t$.
Position probability
The Born rule states that
$$|\psi(x,t)|^2$$
is a probability density for position. The probability of finding the particle between $a$ and $b$ is
$$P(a\le x\le b)=\int_a^b|\psi(x,t)|^2,dx.$$
A normalized wavefunction satisfies
$$\int_{-\infty}^{\infty}|\psi(x,t)|^2,dx=1.$$
Phase matters before measurement
Two wavefunctions can have the same magnitude $|\psi|$ but different phases. Their immediate position probabilities are the same, yet their later interference or dynamical behavior can differ.
Wavefunction is not a material wave density
$\psi$ itself is generally complex and is not directly an ordinary measurable density. Observable position probabilities come from its squared magnitude.
Localized and spread-out states
A narrow $|\psi|^2$ describes a state with relatively localized position, while a broad distribution represents greater position uncertainty.
The wavefunction turns the abstract idea of a quantum state into a spatial amplitude whose evolution can be described by the Schrödinger equation.