Probability
Probability
Calculating Probability
In an experiment, the probability of an event is the
possibility of that event occurring. The probability of any
event is a value between (and including) "0" and "1".
Follow the steps below for calculating probability of an
event A:
Step 1: Find the sample space of the experiment
and count the elements. Denote it by n(S).
Step 2: Find the number of favorable outcomes and
denote it by n(A).
Step 3: To find probability, divide n(A) by n(S). i.e.,
P(A) = n(A)/n(S).
Here are some examples that well describe the process
of finding probability.
Example 1: Find the probability of getting a number less
than 5 when a dice is rolled by using the probability
formula.
Solution
To find:
Probability of getting a number less than 5
Given: Sample space, S = {1,2,3,4,5,6}
Therefore, n(S) = 6
Let A be the event of getting a number less than 5. Then
A = {1,2,3,4}
So, n(A) = 4
Using the probability equation,
P(A) = (n(A))/(n(s))
p(A) = 4/6
m = 2/3
Answer: The probability of getting a number less than 5
is 2/3.
Probability Tree Diagram
A tree diagram in probability is a visual
representation that helps in finding the
possible outcomes or the probability of
any event occurring or not occurring. The
tree diagram for the toss of a coin given
below helps in understanding the possible
outcomes when a coin is tossed. Each
branch of the tree is associated with the
respective probability (just like how 0.5 is
written on each brack in the figure below).
Remember that the sum of probabilities of
all branches that start from the same point
is always 1 (here, 0.5 + 0.5 = 1).
Types of Probability
There can be different perspectives or types of
probabilities based on the nature of the outcome or the
approach followed while finding probability of an event
happening. The four types of probabilities are,
Classical Probability
Empirical Probability
Subjective Probability
Axiomatic Probability
Classical Probability
Classical probability, often referred to as the "priori" or
"theoretical probability", states that in an experiment
where there are B equally likely outcomes, and event X
has exactly A of these outcomes, then the probability of
X is A/B, or P(X) = A/B. For example, when a fair die is
rolled, there are six possible outcomes that are equally
likely. That means, there is a 1/6 probability of rolling
each number on the die.
Empirical Probability
The empirical probability or the experimental perspective
evaluates probability through thought experiments. For
example, if a weighted die is rolled, such that we don't
know which side has the weight, then we can get an
idea for the probability of each outcome by rolling the die
number of times and calculating the proportion of times
the die gives that outcome and thus find the probability
of that outcome.
Subjective Probability
Subjective probability considers an individual's own
belief of an event occurring. For example, the probability
of a particular team winning a football match on a fan's
opinion is more dependent upon their own belief and
feeling and not on a formal mathematical calculation.
Axiomatic Probability
In axiomatic probability, a set of rules or axioms by
Kolmogorov are applied to all the types. The chances of
occurrence or non-occurrence of any event can be
quantified by the applications of these axioms, given as,
The smallest possible probability is zero,
equal to one.
Any two mutually exclusive events cannot
Tossing a Coin
A single coin on tossing has two outcomes, a head, and
a tail. The concept of probability which is the ratio of
favorable outcomes to the total number of outcomes can
be used in finding probability of getting the head and the
probability of getting a tail.
Total number of possible outcomes = 2; Sample Space
= {H, T}; H: Head, T: Tail
P(H) = Number of heads/Total outcomes = 1/2
P(T)= Number of Tails/ Total outcomes = 1/2