The document presents a theory of PAC (Probably Approximately Correct) learning. It discusses how PAC learning uses probabilities to measure the correctness of a learning algorithm's hypotheses. It is shown that k-decision lists are PAC learnable, having both polynomial sample complexity and efficient learning algorithms. This establishes that k-decision lists are computationally learnable. The theory of PAC learning provides a framework for analyzing machine learning algorithms and their learnability.