A12­6TheoreticalAndExperimentalProb.notebook January 07, 2013 Algebra 1 Ch.2 Notes Page 39 P39 2­6 Theoretical and Experimental Probability Probability What are the chances that some event will occur. Probability (Event) = Favorable Outcomes Total Outcomes Example: Rolling an Even Number on a Number Cube A12­6TheoreticalAndExperimentalProb.notebook January 07, 2013 Theoretical Probability What should happen if the experiment is done over and over again. Favorable Outcomes Total Outcomes Tossing a coin. (Should be 50% Heads and 50% Tails) Experimental Probability What does happen when you do the experiment. Number Favorable Outcomes Total Experiments (If you toss the coin 100 times, you might get 60 heads and 40 tails.) A12­6TheoreticalAndExperimentalProb.notebook January 07, 2013 Complements The Complement of an event is all of the outcomes not in the event. The sum of the probabilities of an event and its complement is 1. P(Not Event) = 1 ­ P(Event) A Grand Prize is in one of 5 envelopes. What is the chance of not picking the Grand Prize? Odds Odds compares favorable and unfavorable outcomes... Odds in Favor = Number of Favorable Number of Unfavorable Odds Against = Number of Unfavorable Number of Favorable Find the odds in favor of the spinner landing on a number greater than or equal to 6. A12­6TheoreticalAndExperimentalProb.notebook January 07, 2013 Quality Control A manufacturer has 8976 skateboards in its warehouse. If the probability that a skateboard has no defect is 99.2%, predict how many skateboards are likely to have no defects. .992 x 8976 = 8904.2