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How do you analyze favorable and possible outcomes?
how do we analyze favorable and possible outcomes
What is the ratio of the number of equally likely outcomes in an event to the total number of possible outcomes?
You find the total number of outcomes by adding the first part of the odds to the second part of the odds. For example: 1:1 The total number of outcomes would be 2. To find the ratio of equally likely outcomes to the total number, find the number of outcomes, and put it on the left of the semicolon. Then put the total number on the right side. For the same example: (outcomes)->1:2<-(total)
What is the ratio of favorable outcomes to the number of possible outcomes?
Ah, statistics 101, huh? The ratio of favorable outcomes to the number of possible outcomes is simply the probability of an event occurring. So basically, it's just the number of ways you can win divided by all the ways you can play the game. Simple math, really. Now go out there and show those odds who's boss!
What is the equation of probability?
The probability of an event occurring can be found by dividing the number of favorable outcomes (what you want to happen) by the number of possible outcomes number of favorable outcomes probability = _________________________ number of possible outcomes
What is a ratio that shows the total number of times the favorable outcome happened to the total number of times the experiment was done?
The probability of the event occurring.
