Probability Flashcards
1
Q
Probability formula:
A
Number of ways it can happen
—————————————
Total number of outcomes
2
Q
What does mutually exclusive events mean?
A
Only one event can happen happen at a time
3
Q
What is probability?
A
The likelihood of an event happening.
4
Q
Relative frequency formula:
A
number of times the outcome happened
——————————————————
Total number of trials
5
Q
estimated/expected successful outcomes formula:
A
number of trial x probability