Theoretical probability describes the likelihood of an event by comparing the number of favorable outcomes with the total number of equally likely outcomes in a finite sample space: . It can be represented as a fraction, decimal, or percent, including the probability of a complement, and requires distinguishing theoretical likelihood from experimental results; this treatment excludes conditional probability and more advanced probability models.
Theoretical probability tells how likely an event is when all outcomes are equally likely.
Use the formula
A fair six-sided die is rolled. What is the probability of rolling an even number?
Step 1: List all possible outcomes.
A die can show
There are total outcomes.
Step 2: Identify the favorable outcomes.
The even numbers are
There are favorable outcomes.
Step 3: Use the probability formula.
Step 4: Simplify and represent the answer in other forms.
So, the theoretical probability of rolling an even number is
This is a theoretical probability because it is based on the possible outcomes of a fair die. The actual results from rolling a die many times may not be exactly .
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