Explain what is probability. What is the difference between favorable outcomes and possible oucomes?
2007-10-11 14:22:23 · 7 answers · asked by someone 1 in Education & Reference ➔ Homework Help
Probability is the the possibility that an event will occur.
For example: If you were to flip a quarter, you have a 50% chance you will get a head or a tail. 1 out of 2 chance.
The favorable outcome would be one because that is what you want and the possible outcome would be 2 because those are the only 2 outcomes of flipping a quarter.
Hope I helped and good luck!
2007-10-11 14:28:41 · answer #1 · answered by Sam 3 · 0⤊ 0⤋
Probability is the likelihood that a specific event of chain of events will occur. When you flip a coin, you will either get heads or tails so there is a .5 probability that you get heads and .5 probability that you get tails. The probabilities for any event must add up to 1.
A favorable outcome is the outcome that you want to see. For instance, if you play the lottery and hold 1 out of 1000 tickets, a favorable outcome would be that your ticket is drawn. If you want to count how many times you get heads when you flip a coin 10 times, the outcome of heads is the favorable outcome.
A possible outcome is all the outcomes that can occur. In the lottery, the possible outcomes are that any one of the 1000 tickest is picked. In the coin flip, the possible outcomes are either heads of tails.
2007-10-11 14:29:49 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Probability is the chance of something happening.
Favorable outcomes are which outcome is most favored because has the highest chance or ratio of occuring.
Possible outcomes are any possible occurence that can happen in the experiment. (EX- pulling out a red, blue, or green marble out of a bag-(with just those colors)).
2007-10-11 14:27:44 · answer #3 · answered by Elle Woods 2 · 0⤊ 0⤋
A coin is tossed once. There is one chance in two that it will land facing up. The probability of throwing a head is one out of two, or P(Head) = 1/2
Similarly, if a dice is thrown once there is one chance in 6 of throwing a two i.e. P(2) = 1/6
The probability of an event occurring is:
Probability (Event) =
Number of favourable outcomes /Number of possible outcomes
or P(E) = n(E)/Total number possible
Favourable outcomes = probabilty of event occuring
Possible outcomes = total number of possible outcomes (both favourable and non-favourable)
2007-10-11 14:52:33 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Probability is the likelihood that something is the case or will happen.
Probability = number of favorable outcomes divided by the number of possible outcomes.
2007-10-11 14:32:25 · answer #5 · answered by Max 7 · 0⤊ 0⤋
1. the quality or fact of being probable.
2. a strong likelihood or chance of something: The probability of the book's success makes us optimistic.
3. a probable event, circumstance, etc.: Our going to China is a probability.
4. Statistics. a. the relative possibility that an event will occur, as expressed by the ratio of the number of actual occurrences to the total number of possible occurrences.
b. the relative frequency with which an event occurs or is likely to occur.
—Idiom5. in all probability, very probably; quite likely: The factory will in all probability be relocated.
2007-10-11 14:30:15 · answer #6 · answered by Anonymous · 0⤊ 0⤋
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2016-10-09 01:38:50 · answer #7 · answered by riva 4 · 0⤊ 0⤋