Theoretical probability is the likelihood of an event happening based on all the possible outcomes. It is calculated by dividing the number of favorable outcomes by the total number of possible outcomes.
To calculate the theoretical probability of an event, you can use the following formula:
Probability (P) = Number of favorable outcomes / Total number of possible outcomes
Let's say you have a standard six-sided die. The theoretical probability of rolling a 4 can be calculated as:
P(rolling a 4) = 1 (favorable outcome) / 6 (total possible outcomes) = 1/6 = 0.1667 or 16.67%
Here are some key points to remember about theoretical probability:
Remember to practice calculating theoretical probabilities using different examples to reinforce your understanding of the concept.
Good luck with your studies!
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