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Odds in Favor

^Wrong..It's theoretical probability.

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13y ago

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What is the word for when all outcomes are equally likely it is the ratio of the number of favorable outcomes to the number of possible outcomes it mus be in two words?

fifty-fifty


What probability is the ratio of favorable outcomes to possible outcomes?

It is the theoretical probability of the event.


What event is the ratio of possible event outcomes to total possible outcomes?

The event described is known as a probability event. In this context, the ratio represents the likelihood of a specific outcome occurring compared to all possible outcomes in a given scenario. This ratio can be expressed as a fraction, where the numerator is the number of favorable outcomes for the event, and the denominator is the total number of possible outcomes. Probability values range from 0 (impossible event) to 1 (certain event).


What is simple probability?

Simple probability refers to the likelihood of a specific event occurring, calculated as the ratio of the number of favorable outcomes to the total number of possible outcomes. It is expressed mathematically as P(A) = Number of favorable outcomes / Total number of possible outcomes. This concept is fundamental in statistics and helps in assessing risks and making informed decisions in various scenarios. For example, the probability of rolling a three on a six-sided die is 1/6, since there is one favorable outcome (rolling a three) out of six possible outcomes.


What is the definition of empirical probability?

the ratio of the number favorable outcomes to the total number of trials.

Related Questions

What in an event is the ratio of the number of favorable outcomes to the number of possible outcomes?

That's the 'probability' of a favorable outcome.but only if the outcomes are equally likely.


What is the word for when all outcomes are equally likely it is the ratio of the number of favorable outcomes to the number of possible outcomes it mus be in two words?

fifty-fifty


What probability is the ratio of favorable outcomes to possible outcomes?

It is the theoretical probability of the event.


What is the definition for experimental?

experimental probability, is the ratio of the number favorable outcomes to...


What is the definition of empirical probability?

the ratio of the number favorable outcomes to the total number of trials.


Probability can be defined as a ratio between the number of and number of possible outcomes?

yes it can be defined more commonly as a ratio between the number of and numbr of possible outcomes


What is the ratio of favorable outcomes to the number of possible outcomes?

Ah, statistics 101, huh? The ratio of favorable outcomes to the number of possible outcomes is simply the probability of an event occurring. So basically, it's just the number of ways you can win divided by all the ways you can play the game. Simple math, really. Now go out there and show those odds who's boss!


The ratio of the number of ways an event can occur to the number possible outcomes?

number of outcomes divided by the number of ways of occurrence


What is the ratio of favorable outcomes to total outcomes?

The probability of the event that comprises the favourable outcome.


Probability can be defined as a between the number of successes and number of possible outcomes?

ratio


What is the theoretical probability?

Theoretical Probability: P(event) the ratio of the number of favorable outcomes to the number of possible outcomes, written as a ratio. example: number of favorable outcomes over number of possible outcomes Amelynn is hungry, so she gets out a bowl and puts in 2 red jelly beans, 3 blue jelly beans, 12 pink jelly beans, and 3 yellow jelly beans. Amelynn likes the pink ones the best. What is the theoretical possibility of her getting a pink jelly bean? Answer: 12 over 20. (or 3 over 5 [simplest form]) Explanation: Amelynn put 20 jelly beans in the bowl. She wants the pink ones, and there are 12 pink jelly beans, which are the favorable outcomes. There are 20 jelly beans, and these are the possible outcomes. This means that it is 12 over 20. You might have to put this in simplest form as well.


What is the expressed ratio of the number most likely outcomes compared with the total number of outcomes possible?

The maximum likelihood estimate, possibly.