Theoretical probability describes the likelihood of an event based on a finite sample space and assumptions about equally likely outcomes, calculated as the ratio of favorable outcomes to total possible outcomes and expressed as a fraction, decimal, or percent. It includes simple and familiar compound events, complements, and interpreting probabilities from tables, lists, or diagrams, while distinguishing theoretical predictions from experimental results; continuous probability and advanced probability models are not included.
Theoretical probability predicts how likely an event is by assuming all outcomes are equally likely.
Use the formula
Example: What is the theoretical probability of rolling a number greater than on a fair six-sided die?
List the possible outcomes.
A six-sided die can land on
There are total possible outcomes.
Identify the favorable outcomes.
The numbers greater than are
There are favorable outcomes.
Substitute into the formula.
Simplify and express the probability.
So, the theoretical probability is , or about .
This is a prediction based on equally likely outcomes. The results from actually rolling the die may not be exactly , especially if you only roll it a small number of times.
Click a topic below to practice the foundational skills you'll need, learn the steps, or master this skill
Earned ?