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A favorable outcome refers to a specific result that is considered desirable or advantageous in a given situation. On the other hand, a possible outcome is any potential result that could occur, regardless of desirability. In probability theory, the likelihood of a favorable outcome is often calculated by dividing the number of favorable outcomes by the total number of possible outcomes.
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What is a favourable outcome?
The outcome that is the top number on a fraction. e.g. The multiples of 3 are 3 and 6 = there are 2 favourable outcomes. Probability ( multiple of 3 ) + 2/6 = two favourable outcomes/six possible outcomes
What is the difference between possible outcomes and sample space?
A possible outcome is an element of the outcome space. All possible outcomes make up the outcome space.
What is the difference between 24 and 6?
The treatment effect is the difference between the observed outcome and the "normal" outcome
When talking about probability what is a favorable outcome?
Favourable outcomes in a series of trials are those where the outcome is what you are looking for. The word "favourable" has positive connotations in normal usage but that should not be applied here. For example, if I am studying the spread of a fatal infectious diseases, the event that would be looking for is that someone gets infected. In all likelihood, no one will consider that to be favourable in the normal sense! The probability of an event is the ratio of the favourable outcomes to the total number of trials.
What does favorable outcomes mean?
This is just the outcome you are looking for. For example if you have 5 students who like hockey, 2 that like basketball, and 3 that like baseball. You then decide...I want to know if I draw a student's name from a hat, who would like...baseball... then... Favourable outcome / possible outcome. In this case it would be baseball/all sports. 3/10. Hope this helps.
What is a favourable outcome?
The outcome that is the top number on a fraction. e.g. The multiples of 3 are 3 and 6 = there are 2 favourable outcomes. Probability ( multiple of 3 ) + 2/6 = two favourable outcomes/six possible outcomes
What is the difference between possible outcomes and sample space?
A possible outcome is an element of the outcome space. All possible outcomes make up the outcome space.
How many favorable outcomes would be possible if the number of total possible outcomes is increased to 24?
The answer depends on what the trials are, what constitutes a favourable outcome, and how many possible outcomes there were previously. And since you have not bothered to provide these crucial bits of information, I cannot provide a more useful answer.The answer depends on what the trials are, what constitutes a favourable outcome, and how many possible outcomes there were previously. And since you have not bothered to provide these crucial bits of information, I cannot provide a more useful answer.The answer depends on what the trials are, what constitutes a favourable outcome, and how many possible outcomes there were previously. And since you have not bothered to provide these crucial bits of information, I cannot provide a more useful answer.The answer depends on what the trials are, what constitutes a favourable outcome, and how many possible outcomes there were previously. And since you have not bothered to provide these crucial bits of information, I cannot provide a more useful answer.
What the difference between a pie and tartlet?
The treatment effect is the difference between the observed outcome and the "normal" outcome
What is the difference between sowing and planting?
The treatment effect is the difference between the observed outcome and the "normal" outcome
What does the word optimistically mean?
Expecting a favourable outcome.
What is favorable probability?
Favourable probability is the probability that the outcome that you are looking for does actually occur.As an aside, "favourable" can be an unfortunate word if you are looking for the probability of an undesirable outcome - being the victim of a fatal incidence. Not many would consider that as being "favourable".
What is a favorable event in probability?
A favourable outcome is one in which the event that you are looking for happens. The word favourable can have contrary connotations. If studying fatal lightning strikes, a "favourable" outcome is one in which someone dies from being struck by lightning. I don't know many people who would consider that "favourable"!
What is difference between output and outcome in non government organization sectoe?
The difference between output and outcome is that , output is the product or service that comes out of a process and outcome is the net result of that output to the organization.
What is the difference between nine thousand and the sum of 5470 and 1388?
The treatment effect is the difference between the observed outcome and the "normal" outcome
What are non mutually exclusive events?
Two events are non mutually exclusive events are those that have an overlap. That is, there is at least one outcome that is "favourable" to both events.For example if, for a roll of a die,event A: the outcome is evenevent B: the outcome is a primeThen the outcome 2 is favourable to both A and B and so A and B are not mutually exclusive.
What is the ratio of favorable outcomes to total outcomes?
The probability of the event that comprises the favourable outcome.
