Theoretical Probability

Front

What is Experimental Probability?

Back

What I observe that actually happens.

Front

What does P(A) represent in probability?

Back

The probability that event A will occur.

Front

What is the sum of all individual probabilities in a probability distribution?

Back

1.

Front

What is the Theoretical Probability of not landing on red if the probability of landing on red is 33.3%?

Back

66.7%.

Front

If the odds for getting exactly 2 tails when flipping 3 fair coins are 3 to 5, what are the odds against getting exactly 2 tails?

Back

5 to 3.

Front

Define Theoretical Probability.

Back

Theoretical Probability is the likelihood of an event occurring based on all possible outcomes.

Front

What is the formula for calculating probability?

Back

Probability = (Number of favorable outcomes) / (Total number of outcomes).

Front

What is the difference between Experimental Probability and Theoretical Probability?

Back

Experimental Probability is based on actual experiments and observations, while Theoretical Probability is based on expected outcomes.

Front

What is a probability distribution?

Back

A probability distribution is a function that describes the likelihood of obtaining the possible values that a random variable can take.

Front

What is the probability of an event that is certain to happen?

Back

1 (or 100%).