Theoretical probability

  • Probability is a measure of how likely an event is to occur.
  • It is a way to quantify uncertainty using numbers between 0 (impossible event) and 1 (certain event).
  • Theoretical probability is based on mathematical reasoning rather than experiments or observations.
  • It calculates the likelihood of an event using the known number of possible outcomes.
  • Favorable outcomes are the specific results we are interested in.
  • Total outcomes are all the possible results that could occur.

Learn with an example

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