1.2 – Theoretical Probability The theoretical probability of an outcome is one based on analyzing all possible outcomes. Unlike experimental probability, no experiment is carried out. All possible outcomes combined make up the sample space. It is often useful to combine different outcomes that have something in common. An event occurs when any of these similar outcomes occur. For example, two dice can show a sum of 7. But this is not the only outcome that can result in a sum of 7. What are some others? If all outcomes are equally likely, then the theoretical probability of an event, A, is a measure of the ratio of the number of ways it can occur compared to the entire sample space. You can express this probability as a fraction, decimal, or percent. ๐(๐ด) = ๐๐ข๐๐๐๐ ๐๐ ๐ก๐๐๐๐ ๐กโ๐ ๐๐ฃ๐๐๐ก ๐๐๐ ๐๐๐๐ข๐ ๐(๐ด) = ๐๐ข๐๐๐๐ ๐๐ ๐๐๐ ๐ ๐๐๐๐ ๐๐ข๐ก๐๐๐๐๐ ๐(๐) Where ๐(๐ด) is the probability that outcome ๐ด can occur, ๐(๐ด) is the number of ways outcome ๐ด can occur, and ๐(๐) is the total number of outcomes in the sample space. You can express probability as a fraction, decimal or percent. To represent the outcomes of a sample space you can use a table, tree diagrams, set notation and Venn diagrams to help organize the outcomes. The choice of strategy to use often depends on the situation. A Venn diagram has the following basic components: S A A’ Example 1: Use set notation and a Venn diagram to represent the outcomes of rolling an even number on a six-sided die. Let A represent the desired outcome of rolling an even number. The sample space is all six possible outcomes: ๐ = {1, 2, 3, 4, 5, 6} The event of rolling an even number includes these three outcomes: ๐ด = {2, 4, 6} Mathematics of Data Management (MDM4UC) Page 1 1.2 – Theoretical Probability You can use a Venn diagram to represent this relationship visually: Example 2: Using a single die, determine the probability of rolling 1 a) A 5? ๐(๐๐๐๐๐๐๐ ๐ 5) = 6 {this is considered a simple event} A simple event is an event that consists of exactly one outcome. b) A 5 or a 6? 2 1 ๐(๐๐๐๐๐๐๐ ๐ 5 ๐๐ 6) = 6 = 3 c) A number less than 5 ๐(๐๐ข๐๐๐๐ < 5) = 1 − ๐(5 ๐๐ 6) 1 =1− 3 2 = 3 Sometimes you need to know the probability that one event happens compared to all others. If one event is ๐ด, then the event ๐ด’ is all of the possible outcomes not in ๐ด. This is known as the complement of ๐ด. Because the sum of all probabilities in a sample space must equal 1, there is a useful relationship between ๐(๐ด) and ๐(๐ด’). ๐(๐ด) + ๐(๐ด’) = 1 This relationship can be rearranged into two other useful forms. ๐(๐ด’) = 1 – ๐(๐ด) or ๐(๐ด) = 1 – ๐(๐ด’) Example 3: Using a standard deck of 52 playing cards, what is the probability of drawing… a) a face card? ๐(๐๐๐๐ ๐๐๐๐) = # ๐๐ ๐ฝ, ๐, ๐พ ๐๐ ๐๐๐๐ 12 3 = = ๐๐๐ก๐๐ # ๐๐ ๐๐๐๐๐ 52 13 b) A non-face card? ๐(๐๐๐ − ๐๐๐๐ ๐๐๐๐) = 1 − ๐(๐๐๐๐ ๐๐๐๐) = 1 − Mathematics of Data Management (MDM4UC) 3 10 = 13 13 Page 2 1.2 – Theoretical Probability Probability and Odds One application of probability, often used in sports, is odds. Odds can be expressed as the odds in favour of an event occurring (ratio of the probability that an event will happen to the probability that it will not) or the odds against an event occurring (ratio of the probability that an event will not happen to the probability that it will) . In sports it is actually more common to give the odds against something happening. Odds The odds in favour of ๐ด = ๐(๐ด) โถ ๐(๐ด’) The odds against ๐ด = ๐(๐ด’) โถ ๐(๐ด) Example 4: A hockey analyst gives the Canadian women’s hockey team a 75% probability of winning the gold medal in the next Winter Olympics. Based on this prediction, what are the odds in favour of Canada winning Olympic gold? The subjective probability of Canada winning the gold medal, ๐(๐ด), is given as 75%, or 0.75. The probability that Canada does not win is ๐(๐ด’) = 1 − ๐(๐ด) = 1 – 0.75 = 0.25 Using the definition of odds to calculate the odds of Canada winning gold: ๐(๐ด) 0.75 3 = = = 3: 1 ๐(๐ด′ ) 0.25 1 The odds in favour of the Canadian women’s hockey team winning the gold medal at the next Winter Olympics are 3 : 1, based on the analyst’s estimate. Practice: (Page 24) #1-8 Mathematics of Data Management (MDM4UC) Page 3 1.2 – Theoretical Probability Mathematics of Data Management (MDM4UC) Page 4