Presentation is loading. Please wait.

Presentation is loading. Please wait.

ODDS vs. PROBABILITY Odds are a little different than probability. When we calculate probability, we look at the ratio of favorable outcomes to the total.

Similar presentations


Presentation on theme: "ODDS vs. PROBABILITY Odds are a little different than probability. When we calculate probability, we look at the ratio of favorable outcomes to the total."— Presentation transcript:

1 ODDS vs. PROBABILITY Odds are a little different than probability. When we calculate probability, we look at the ratio of favorable outcomes to the total number of outcomes.

2 ODDS vs. PROBABILITY Odds are a little different than probability. When we calculate probability, we look at the ratio of favorable outcomes to the total number of outcomes. Odds compares favorable outcomes to unfavorable outcomes.

3 ODDS vs. PROBABILITY Odds are a little different than probability. When we calculate probability, we look at the ratio of favorable outcomes to the total number of outcomes. Odds compares favorable outcomes to unfavorable outcomes. EXAMPLE : What are the odds of rolling a 6 on a die ?

4 ODDS vs. PROBABILITY Odds are a little different than probability. When we calculate probability, we look at the ratio of favorable outcomes to the total number of outcomes. Odds compares favorable outcomes to unfavorable outcomes. EXAMPLE : What are the odds of rolling a 6 on a die ? Favorable outcome = 6 Unfavorable outcomes = 1, 2, 3,4,5

5 ODDS vs. PROBABILITY

6

7 Odds are a little different than probability. When we calculate probability, we look at the ratio of favorable outcomes to the total number of outcomes. Odds compares favorable outcomes to unfavorable outcomes. EXAMPLE # 2 : The probability of drawing a blue marble from a bag is 4 out of 17. What are the odds of drawing a blue marble ?

8 ODDS vs. PROBABILITY

9

10

11

12


Download ppt "ODDS vs. PROBABILITY Odds are a little different than probability. When we calculate probability, we look at the ratio of favorable outcomes to the total."

Similar presentations


Ads by Google