Wednesday, June 13, 2012

Probability

Probability - likehood or chance of an event occurring.

We determine probability by making a fraction   Favourable over outcome.

Flipping a coin
Calling Heads..............probability of head or tales is 1\2 1:2 and 50%


Probability can be expressed (said or written) by using fractions ratios or percents.


Outcome- one possible result or probability experiement.

Favourable Outcome- a succussful result in probability experiement.

P(outcome) is a short for saying probability.

For example:




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