Probability

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Quote
The theory of probability and the theory of errors now constitute a
formidable Body of a great mathematical interest and of great practical
importance.
-R.S. Woodward
This means that probability changed towards the world of mathematics when it was introduced in the year 1654. Probability
gave rise to a new topic in mathematics.

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Probability

welcome to Our presentation

Probability is the measure of the likelihood that an event will occur. Probability is
quantified as a number between 0 and 1 (where 0 indicates impossibility, and 1 indicates
certainty). The higher the probability of an event, the more certain that the event will
occur. A simple example is the tossing of a fair (unbiased) coin.

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Beating The Odds.

All the facts about probability.

What Is Probability ?

Sample Questions.

All the answers about probability

2
Some questions on Probability.

End of presentation
Thank you for your attention.

Probability

What Is Probability ?
Probability is the chance of happening of an event.

Probability is the measure of how likely something will occur. It is the ratio of desired outcomes to total outcomes.
(desired)/(total)

If I roll a number cube, there are six total possibilities. (1,2,3,4,5,6)Each possibility only has one outcome, so each has a
PROBABILITY of 1/6.For example, the probability of getting number 5 on dice is 1/6.

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Empirical Probability

The empirical probability, relative frequency, or experimental

probability of an event is the ratio of the number of outcomes in which a
specified event occurs to the total number of trials, not in a theoretical
sample space but in an actual experiment.
Empirical Probability=

No. of times an event occurred in an

experiment
Total No. of trials/observations

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Types Of Probability
Threetypes of Probability.
1. Theoreticalprobability: For theoretical reasons, we assume that all n possible outcomes of a
particular experiment are equally likely, and we assign aprobabilityof to each possible
outcome. Example: The theoreticalprobabilityof rolling a 3 on a regular 6 sided die is 1/6.
2. Relative frequency interpretation of probability: We conduct an experiment many, many
times. Then we say Relative Frequency is based on observation or actual measurements.
Example: A die is rolled 100 times. The number 3 is rolled 12 times. The relative frequency
of rolling a 3 is 12/100.
3. Personal or subjective probability: These are values (between 0 and 1 or 0 and 100%) assigned
by individuals based
on how likely they think events are to occur. Example: The
probability of my being asked on a date for this weekend is 10%.

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Fun Facts

FunFacts
Odds of bowling a 300 game: 1 in 11,500
Odds of being hit by lightning: 1 in 576,000
Odds of getting a royal flush on your first five cards: 1 in
649,740
Odds of becoming U.S. President: 1 in 10,000,000
Odds of winning $340 million jackpot in Mega Millions
lottery: about 1 in 175,000,000
Odds of your being born in this particular time, place and
circumstance: about 1 in 400,000,000,000 **

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FunFacts
The four kings in a deck of playing cards
represent Charlemagne, David, Caesar,
and Alexander.

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