That's the 'probability' of a favorable outcome.
but only if the outcomes are equally likely.
Probability
Theoretical Probability: P(event) the ratio of the number of favorable outcomes to the number of possible outcomes, written as a ratio. example: number of favorable outcomes over number of possible outcomes Amelynn is hungry, so she gets out a bowl and puts in 2 red jelly beans, 3 blue jelly beans, 12 pink jelly beans, and 3 yellow jelly beans. Amelynn likes the pink ones the best. What is the theoretical possibility of her getting a pink jelly bean? Answer: 12 over 20. (or 3 over 5 [simplest form]) Explanation: Amelynn put 20 jelly beans in the bowl. She wants the pink ones, and there are 12 pink jelly beans, which are the favorable outcomes. There are 20 jelly beans, and these are the possible outcomes. This means that it is 12 over 20. You might have to put this in simplest form as well.
The probability of an event is the chances it will happen divided by all the possible outcomes.
possible outcomes
Probability is the ratio of no. of possible outcomes to the maximum no. of outcomes . If any event doesnt occurs ,then it is 0/N,where N=maximum no of outcomes .and that is 0 itself ,hence that is signified by zero ,or will at max, all the possible outcomes wil occur ,which means N/N that is denoted by 1. Hence probabilty for the occurance for any event is between 0 and 1.
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
It is the theoretical probability of the event.
The event described is known as a probability event. In this context, the ratio represents the likelihood of a specific outcome occurring compared to all possible outcomes in a given scenario. This ratio can be expressed as a fraction, where the numerator is the number of favorable outcomes for the event, and the denominator is the total number of possible outcomes. Probability values range from 0 (impossible event) to 1 (certain event).
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.
The number of possible outcomes that matches the event divided by the total number of possible outcomes is the probabilityof that event.
The term that describes the chance that an event should happen under perfect circumstances is "theoretical probability." This probability is calculated based on the possible outcomes of an event in an ideal scenario, without any external influences or biases affecting the results. It is often expressed as a ratio of the number of favorable outcomes to the total number of possible outcomes.
Probability
probability
Counting Principle is used to find the number of possible outcomes. It states that if an event has m possible outcomes and another independent event has n possible outcomes, then there are mn possible outcomes for the two events together.
number of outcomes divided by the number of ways of occurrence
The total number of possible outcomes is the product of the number of values for each event.
The probability of the event that comprises the favourable outcome.