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0-11: Simple Probability and Odds
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0-11: Simple Probability and Odds
Probability: Ratio that compares favorable outcomes to total outcomes Probability is always between 0 (impossible to occur) and 1 (certain to occur) Sample Space: The list of all possible outcomes Equally likely: When there are n outcomes and the probability of each one occurring is 1/n Example: Rolling a 6-sided die
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0-11: Simple Probability and Odds
Example 1: A die is rolled. Find each probability Rolling a 1 or 5 Two favorable outcomes: 1 and 5 Six possible outcomes: 1, 2, 3, 4, 5, 6 2/6 = 1/3 Rolling an even number Three favorable outcomes: 2, 4, 6 Six possible outcomes (see above) 3/6 = 1/2
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0-11: Simple Probability and Odds
Complements: Opposite events, whose probabilities add up to 1. Ex: Probability of rolling a 1 and not rolling a 1 Example 2: A bowl contains 5 red chips, 7 blue chips, 6 yellow chips, and 10 green chips. One chip is randomly drawn. Find each probability. Pulling a blue chip 7/28 = 1/4 Pulling a red or yellow chip 11/28 Not pulling a green chip Pulling a green chip: 10/28 = 5/14, so… Not pulling a green chip = 1 – 5/14 = 9/14
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0-11: Simple Probability and Odds
Tree diagram: A method used for counting the number of possible outcomes Example 3: Using a tree diagram School baseball caps come in blue, yellow, or white. The caps have either the school mascot or the school’s initials. Use a tree diagram to determine the number of different caps possible. 6 outcomes possible Color Design Outcome Blue Mascot Blue, mascot Initials Blue, Initials Yellow Yellow, Mascot Yellow, Initials White White, Mascot White, Initials
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0-11: Simple Probability and Odds
Fundamental Counting Principle: If an event M can occur in m ways and is followed by an event N that can occur in n ways, then the event M followed by N can occur in m ● n ways Example: If there are 4 possible sizes for fish tanks and 3 possible shapes, then there are 4 ● 3 = 12 possible fish tanks
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0-11: Simple Probability and Odds
Example 4a: Using the fundamental counting principle An ice cream shop offers one, two, or three scoops of ice cream from among 12 different flavors. The ice cream can be served in a waffle cone, a sugar cone, or in a cup. Use the fundamental counting principle to determine the number of choices Scoop options: 3 Flavor options: 12 Container options: 3 Total choices: 3 ● 12 ● 3 = 108 different choices of ice cream
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0-11: Simple Probability and Odds
Example 4b: Using the fundamental counting principle Jimmy needs to make a 3-digit password for his log-on name for a website. The password can include any digit from 0-9, but the digits may not repeat. How many possible 3-digit passwords are there? Options for first digit: 10 Options for second digit: 9 Options for third digit: 8 Total choices: 10 ● 9 ● 8 = 720 different passwords possible
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0-11: Simple Probability and Odds
Odds: The ratio that compares the number of ways an event can occur (successes) to the number of ways it cannot occur (failures) Like fractions, odds get reduced to their simplest form Ex: The odds of rolling less than a 3 on a number cube Successes: 2 (1 or 2) Failures: 4 (3, 4, 5, 6) The odds are 2:4, or 1:2
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0-11: Simple Probability and Odds
Assignment Page P36 1 – 21 (odds)
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