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Section 2.8 Probability and Odds

Section 2.8 Probability and Odds. Objectives: Find the probability of an event Find the odds of an event. Probability of an event: a measure of the likelihood that the event will occur due to chance. It is a number between 0 and 1, inclusive

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Section 2.8 Probability and Odds

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  1. Section 2.8Probability and Odds Objectives: Find the probability of an event Find the odds of an event

  2. Probability of an event: a measure of the likelihood that the event will occur due to chance. It is a number between 0 and 1, inclusive • Outcomes: the different possible results of a probability experiment • Event: a collection of outcomes • Theoretical probability: a type of probability that is based on the number of favorable outcomes divided by the total number of outcomes • Favorable outcomes: the outcomes for a particular event that are being considered • Experimental probability: a probability that is based on repetitions of an actual experiment • Odds: the ratio of the number of ways an event can occur to the number of ways the event cannot occur Terms

  3. 1. In a group of students, 12 ride the bus to school, 8 are driven to school and 5 walk. One of the students is chosen at random from the group. What is the probability P that the student walks to school? • 2. Last January it snowed 7 days, was sunny 18 days and was cloudy 6 days. Based on this information, what is the probability that it will snow on a randomly chosen day in January? Examples

  4. With a partner toss three coins 20 times and record the number of heads for each of the 20 tosses. • a) Use your results to find the experimental probability of getting three heads when three coins are tossed. • b) Combine your results with those of all the other pairs in your class. Then use the combined results to find the experimental probability of getting three heads when three coins are tossed. • c) Find the theoretical probability of getting three heads when three coins are tossed? How does it compare with your results from b? Experimental probability directions

  5. a) P(HHH) = • b) P(HHH) = • c) P(HHH) = Coin Toss Experiment Results

  6. 3. Use the table showing the responses of college students to a survey asking “Which factor is most likely to influence your job choice after graduation?’ If you were to ask a randomly chosen college student this question, what is the experimental probability that the student would say “type of company”? Example of a survey

  7. 4. You randomly choose a letter from the word SUMMER. What are the odds that the letter is a vowel? • What are the odds that the letter is a M? • 5. The probability that a randomly chosen 4 digit security code contains at least one zero is 0.34. What are the odds that a 4 digit security code contains at least one zero? Odds

  8. p. 11710 – 22 evens, 28 – 30 all, 33, 34, 46 – 56 evens

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