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Probability
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Terms in this set (9)
Probability
The likelihood of something (an event) happening
Outcome
The result of one trial
Sample Space
The set or list of all outcomes
Experimental Probability
The probability of an event based on an actual experiment.
Theoretical Probability
The probability that an outcome will occur when all outcomes are equally likely
Tree Diagram
A diagram with a structure of branching lines representing a connection or relationship
Odds in Favor
The ratio of favorable (what you want) verses unfavorable (what you don't want)
Odds Against
The ratio of unfavorable (what you don't want) verses favorable (what you want)
Compound Events
An event whose probability of occurring depends upon the probability of two or more events
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