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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.
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What is the difference between a favourable outcome and a possible outcome?
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.
A die is thrown once what probability that it is a six?
It is 1/6. (It is just the same if the favorable outcome is 1,2,3,4 or 5, provided that it is a fair dice.)
Is it true that probability predict the precise outcome of an individual event?
False. Probability only predicts the outcome. It does not assure the outcome.
Can the probability of an outcome be more than 1?
No, the probability of an outcome can't be more than 1.
How is an outcome different than a favorable outcome?
When the outcome consists of an event that is not the one you are looking for.
