π Probability
Probability measures likelihood from 0 (impossible) to 1 (certain)
βΆ Play Door 18Experimental and Theoretical Probability
What is Probability?
Probability is the measure of how likely an event is to occur. It is a number between 0 and 1 (or 0% and 100%). A probability of 0 means the event is impossible, while a probability of 1 means the event is certain.
Two Types of Probability:
TypeDefinitionFormulaExample
Experimental ProbabilityBased on actual experiments or observations\(Number of times event occursTotal number of trials\)Flipping a coin 50 times and counting heads
Theoretical ProbabilityBased on mathematical reasoning without experiments\(Number of favorable outcomesTotal number of possible outcomes\)Calculating probability of rolling a 3 on a fair die
Key Vocabulary:
β’ Experiment: A repeatable process that gives results (e.g., rolling a die, flipping a coin)
β’ Outcome: A possible result of an experiment (e.g., heads, tails, rolling a 4)
β’ Event: A set of outcomes we areβ¦
Worked example
Problem: A coin is flipped 200 times. Heads appears 108 times. Find the experimental probability of getting heads. Also, state the theoretical probability.
- Step 1: Experimental probability = \(Number of headsTotal flips\)
- Step 2: = \(108/200 = 54/100 = 0.54\)
- Step 3: Theoretical probability = \(1/2 = 0.5\) (since fair coin has 2 equally likely outcomes)
Answer: Step 3: Theoretical probability = \(1/2 = 0.5\) (since fair coin has 2 equally likely outcomes)
Simple Events and Likelihood of Events
What is a Simple Event?
A simple event is an event that has only one outcome. For example, rolling a 3 on a die is a simple event. Drawing a king of hearts from a deck is a simple event.
What is an Event?
An event can be a single outcome or a set of outcomes. Events can be categorized by their likelihood.
Types of Events by Likelihood:
LikelihoodDescriptionProbabilityExample
ImpossibleCannot happen0Rolling a 7 on a standard die
UnlikelySmall chance of happeningBetween 0 and 0.5Drawing an ace (4/52 β 0.077)
Even ChanceEqually likely to happen or not0.5Getting heads on a coin flip
LikelyGood chance of happeningBetween 0.5 and 1Drawing a non-ace (48/52 β 0.923)
CertainWill definitely happen1The sun will rise tomorrow
Complement of an Event:
The complement of an event A (written as \(A'\) or \(A\)) includes all outcomes NOT in A.
\(P(A) + P(A') = 1\) or \(P(A') =β¦
Worked example
Problem: A bag contains tickets numbered 1 to 20. A ticket is drawn at random. Find the probability that the number drawn is: (i) even (ii) odd (iii) a prime number (iv) greater than 15
- Step 1: Total possible outcomes = 20
- Step 2: (i) Even numbers: 2,4,6,8,10,12,14,16,18,20 β 10 numbers
- P(even) = \(10/20 = 1/2 = 0.5\)
- Step 3: (ii) Odd numbers: 1,3,5,7,9,11,13,15,17,19 β 10 numbers
- P(odd) = \(10/20 = 1/2 = 0.5\)
Answer: P(odd) = \(10/20 = 1/2 = 0.5\)
Probability Games and Applications
Probability Games
Probability games use chance to determine outcomes. Understanding probability helps players make better decisions and understand their chances of winning.
Common Probability Games:
GameProbability ConceptExample
Dice gamesRolling specific numbersCraps, Monopoly
Card gamesDrawing specific cardsPoker, Blackjack
Spinner gamesSpinning to land on sectionsBoard games, Wheel of Fortune
Lottery/raffleChance of winningRaffle tickets
Coin toss gamesFairness of tossesStarting a football match
Fair Games vs Unfair Games:
β’ Fair game: Each player has equal probability of winning
β’ Unfair game: One player has a higher probability of winning
Calculating Expected Value:
Expected value = (Probability of winning Γ Amount won) - (Probability of losing Γ Amount lost)
If expected value = 0, the game is fair.
If expected value > 0, the game favors the player.β¦
Worked example
Problem: In a raffle, 200 tickets are sold. You buy 5 tickets. What is the probability that you win the first prize? If the first prize is βΉ1000, what is your expected winning?
- Step 1: P(win) = \(Your ticketsTotal tickets = 5/200 = 1/40 = 0.025\)
- Step 2: Expected winning = Probability Γ Prize amount
- Step 3: Expected winning = \(0.025 Γ 1000 = βΉ25\)
Answer: Step 3: Expected winning = \(0.025 Γ 1000 = βΉ25\)