|
Simple Probability
The probability of a simple event
is the ratio of the number of favorable outcomes for the
event to the total possible outcomes of the event.
The list of all possible outcomes is
called the sample space.
For example, if you ask a friend to go
the movies, and you tell your friend that you are available
for either the 2:00 pm show or the 5:00 pm show, then the
probability of your friend saying 'yes' are 2/3 or about
67%.
The sample space for this example is 3;
you friend can say:
1.Yes to the 2:00 pm show
2. Yes to the 5:00 pm show
3. No to either show.
The number of favorable outcomes is 2
(the two 'yes' answers).
The odds of an event occurring is
the ratio of the number of favorable outcomes to the number
of unfavorable outcomes.
In the example above, the odds of your
friend's accepting your invitation are 2:1, or two possible
'yes' answers to one possible 'no' answer.
© The e-Learning Research Foundation 2007
|