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If there are two possible outcomes, the probability would be 50% or 1/2 (AN EVEN CHANCE). "Equally likely events" refers to the chances of each possible outcome among many being equal. For example, using a six-sided die in a dice game yields a 1/6 chance for any one of the numbers to appear on top of the cube. Assuming that the die is not loaded, all six numbers are presumed to have an equal likelihood to end up on top in a given throw.
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What is the formula in finding the probability of an event?
If you can enumerate the outcome space into equally likely events, then it is the number of outcomes that are favourable (in which the event occurs) divided by the total number of outcomes.
What is having the same probability?
It refers to two event which are equally likely to occur.
Which approach to probability requires equally likely outcomes?
The modelling of a probability distribution function for an event from a theoretical approach.
What is the probability of Two events that are equally likely to occur?
Without more information all you can say is that they it is some non-negative number less than or equal to 0.5.
How can you find the probability of a simple event if the total number equally likely outcomes is 20?
Each outcome has a probability of 0.05
