Probability and Odds Review

Front

What is the probability of rolling doubles when rolling two dice?

Back

1/6

Front

How do you calculate the probability of getting at least one success in multiple attempts?

Back

1 - P(none)

Front

What are the odds in favor of an event?

Back

The ratio of the probability of the event occurring to the probability of it not occurring.

Front

If the odds in favor of an event are 5:16, what is the probability of that event?

Back

5/21

Front

What is the relationship between odds and probability?

Back

Odds = Probability / (1 - Probability)

Front

If the odds against an event are 20:3, what is the probability of the event occurring?

Back

3/23

Front

What is the probability of passing if the odds of failing are 34/301?

Back

301/325

Front

How do you convert odds to probability?

Back

Probability = Odds / (Odds + 1)

Front

What does it mean if the probability of an event is 0?

Back

The event is impossible.

Front

What does it mean if the probability of an event is 1?

Back

The event is certain.