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Yes. The sum of the probabilities of all possible outcomes is equal to one.
Given events that are equally likely to happen, the probability that any given outcome occurs will be equal to the number of specified outcomes, divided by the number of all outcomes.
If events are not equally likely to happen - let's say that Bent-Nose Bill is holding a lottery - then the probability is considerably different. As Damon Runyan put it, "The race is not always to the swift, nor the battle to the strong, but that's the way to bet"
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What is the official formula for probability?
The official formula for probability is x/y.
What is the formula for probability when you don't know the outcome?
It is the probability distribution function that is relevant for the experiment.
What is the formula for finding probabilities?
The formula for finding probability depends on the distribution function.
What are the problems on proportions and probability 1.6?
You cannot since probability can never be greater than 1.
What is the mathematical theory of probability?
u mean formula?
