Probability is the likelihood or chance of an event occurring. For example, the probability of flipping a coin and it being heads is ½, because there is 1 way of getting a head and the total number of possible outcomes is 2 (a head or tail). We write P(heads) = ½ .
What are some examples of probability?
Some of the applications of probability are predicting the outcome when you:
- Flipping a coin.
- Choosing a card from the deck.
- Throwing a dice.
- Pulling a green candy from a bag of red candies.
- Winning a lottery 1 in many millions.
What is a good example of probability?
Most people take the probability of a natural disaster into account when moving into a particular area. If a state is hit every year with a major hurricane, for example, it's likely to happen again. But when an area has never experienced a hurricane before, the probability is much lower.