L2 Summary
Completion requirements
Unit E: Statistics and Probability
Chapter 2: Probability
Summary
Theoretical Probability
- Theoretical probability is based on reasoning or logic.
- Theoretical probability predicts the outcome of the experiment without actually doing the experiment.
Experimental Probability
- Experimental probability is based on what actually occurs when an experiment is performed and results are collected.
- In an experiment, many trials are performed to collect data. The data is recorded in a table.
- An event is an outcome of the experiment.
- A trial is a process by which an event is recorded.
- The theoretical probability will be close to the experimental probability when there are a large number of trials.
Calculating Probability
- The formula for probability is
«math xmlns=¨http://www.w3.org/1998/Math/MathML¨»«mi»probability«/mi»«mo»=«/mo»«mfrac»«mrow»«mi»number«/mi»«mo»§#160;«/mo»«mi»of«/mi»«mo»§#160;«/mo»«mi»favourable«/mi»«mo»§#160;«/mo»«mi»outcomes«/mi»«/mrow»«mrow»«mi»total«/mi»«mo»§#160;«/mo»«mi»number«/mi»«mo»§#160;«/mo»«mi»of«/mi»«mo»§#160;«/mo»«mi»possible«/mi»«mo»§#160;«/mo»«mi»outcomes«/mi»«/mrow»«/mfrac»«/math»
Predictions
- A prediction is an educated guess.
- The formula used to make a prediction based on the probability is
prediction of favourable outcomes = probability × total number of outcomes - When making a prediction, use the experimental probability whenever possible. If there is no data to calculate the experimental probability, then use the theoretical probability.
- Predictions are rounded to the nearest whole number.