Theoretical probability is the ratio of the number of favorable outcomes to the total number of equally likely outcomes in a finite sample space, expressed as a fraction, decimal, or percent between 0 and 1. The reasoning includes identifying an event, counting outcomes without double-counting, and interpreting 0 as impossible and 1 as certain; the scope is limited to simple equally likely situations, not conditional probability or more advanced probability models.
When all outcomes are equally likely, calculate theoretical probability with:
Example: What is the probability of rolling an even number on a fair six-sided die?
List the total outcomes.
A die can show:
There are total outcomes.
Identify the favorable outcomes.
The even numbers are:
There are favorable outcomes.
Use the probability formula.
Simplify the fraction.
So, the probability of rolling an even number is:
This is also or . A probability of means an event is impossible, and a probability of means an event is certain.
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