CK-12 Basic Probability and Statistics - A Short Course

(Marvins-Underground-K-12) #1

http://www.ck12.org Chapter 1. An Introduction to Independent Events - Basic


Probability(success) =
number o f ways to get success
total number o f possible outcomes

Odds(success) =

number o f ways to get success
number o f ways to not get success

What do you see as the difference between the two formulas? Let’s look at an example.


Example 1:Imagine you are rolling a die.


(a) Calculate the probability of rolling a “5.”


(b) Calculate the odds of rolling a “5.”


Solution:


(a) Probability(success) =total number o f possible outcomesnumber o f ways to get success


(b) Odds(success) =number o f ways to not get successnumber o f ways to get success


So now we can calculate the probability and we know the difference between probability and odds. Let’s move
one step further. Imagine now you were rolling a die and tossing a coin. What is the probability of rolling a 5 and
flipping the coin to get heads?

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