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Probability. probability The chance or likelihood that an event will occur. - It is always a number between zero and one. - It is stated as a fraction,

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Presentation on theme: "Probability. probability The chance or likelihood that an event will occur. - It is always a number between zero and one. - It is stated as a fraction,"— Presentation transcript:

1 Probability

2 probability The chance or likelihood that an event will occur. - It is always a number between zero and one. - It is stated as a fraction, decimal, or percent.

3 A Probability of Zero is saying that there is no chance of it happening. A Probability of One is saying that the event will always happen.

4 If the event doesn’t occur every time, or none of the time, then we use this formula to determine the probability: P (event) = # desired outcomes # total possible outcomes

5 Sample space List of all possible outcomes

6 Theoretical probability Based on considering all possible outcomes experimental probability Based on considering all previous outcomes –R–Real data

7 Probability of multiple events Find the probability of each individual event Multiply each probability together

8 Independent Events The outcome of one event DOES NOT affect the outcome of the next event

9 dependent Events The outcome of one event DOES affect the outcome of each subsequent event because it changes the sample space. Assume each event is a success!


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