Prepare for your exams
Get points
Guidelines and tips

Prepare for your exams

Study with the several resources on Docsity

Earn points to download

Earn points by helping other students or get them with a premium plan

Guidelines and tips

Sell on Docsity

Log in Sign up

Prepare for your exams

Study with the several resources on Docsity

Find documents

Prepare for your exams with the study notes shared by other students like you on Docsity

Search Store documents

The best documents sold by students who completed their studies

Search through all study resources

Docsity AINEW

Summarize your documents, ask them questions, convert them into quizzes and concept maps

Explore questions

Clear up your doubts by reading the answers to questions asked by your fellow students

Earn points to download

Earn points by helping other students or get them with a premium plan

Share documents

20 Points

For each uploaded document

Answer questions

5 Points

For each given answer (max 1 per day)

All the ways to get free points

Get points immediately

Choose a premium plan with all the points you need

Study Opportunities

Choose your next study program

Get in touch with the best universities in the world. Search through thousands of universities and official partners

Community

Ask the community

Ask the community for help and clear up your study doubts

University Rankings

Discover the best universities in your country according to Docsity users

Free resources

Our save-the-student-ebooks!

Download our free guides on studying techniques, anxiety management strategies, and thesis advice from Docsity tutors

From our blog

Exams and Study

Go to the blog

Probability: Understanding Simple Probability and Odds, Study notes of Algebra

Berry College Algebra

An introduction to the concepts of probability and odds, focusing on simple events. It includes definitions, formulas, and examples for calculating probabilities and odds. Students will learn how to find the probability of an event and the odds against an event, using reduced fractions, decimals, or percentages.

What you will learn

What is the difference between probability and odds?
How do you find the probability of rolling an even number on a die?
What is probability and how is it calculated?

Typology: Study notes

2021/2022

Uploaded on 09/12/2022

zeb 🇺🇸

4.6

(26)

231 documents

1 / 3

This page cannot be seen from the preview

Don't miss anything!

2.6:Probability:SimpleProbabilityandOdds 

HawaiiContentandPerformanceStandardsIII

 Standard14:DataAnalysis,Statistics,andProbability:PROBABILITY:Understandand

applybasicnotionsofchanceandprobability.

Objectives:

 Tofindtheprobabilityofasimpleevent.

 Tofindtheoddsofasimpleevent.



Probability





Definition:



Probabilityistheratioofthenumberoffavorableoutcomesforanevent

tothetotalnumberofpossibleoutcomesfortheevent.



Alistofsampleoutcomesisalistofallpossibleoutcomes.





Formula:

󰇛󰇜#of favorable outcomes

total#ofpossibleoutcomes



CalculatingProbability:



 Writeanswerasareducedfraction,decimal,orpercent.

 Thecalculatedprobabilityshouldbebetween0and1inclusive.



[Algebra1(X)]

Partial preview of the text

Download Probability: Understanding Simple Probability and Odds and more Study notes Algebra in PDF only on Docsity!

2.6: Probability: Simple Probability and Odds

Hawaii Content and Performance Standards III  Standard 14: Data Analysis, Statistics, and Probability: PROBABILITY: Understand and apply basic notions of chance and probability. Objectives:  To find the probability of a simple event.  To find the odds of a simple event.

Probability

Definition: Probability is the ratio of the number of favorable outcomes for an event to the total number of possible outcomes for the event. A list of sample outcomes is a list of all possible outcomes. Formula:

# of favorable outcomes ܽ

total # of possible outcomes

Calculating Probability:  Write answer as a reduced fraction, decimal, or percent.  The calculated probability should be between 0 and 1 inclusive. [Algebra 1(X)]

Example 1: Find Probabilities of Simple Events

a.) Find the probability of rolling an even number on a die. b.) A bowl contains 5 pink chips, 7 blue chips, 6 purple chips, and 10 green chips. One chip is randomly drawn. Find P ( b ). c.) A bowl contains 5 pink chips, 7 blue chips, 6 purple chips, and 10 green chips. One chip is randomly drawn. Find P ( pink or purple ). d.) A bowl contains 5 pink chips, 7 blue chips, 6 purple chips, and 10 green chips. One chip is randomly drawn. Find P ( not green ).