PROBABILITY

Probability plays a large role in our society. There are many types of probability. The videos in this section will address some of the types of probability as well as calculating the odds for or against an event occurring. We will also explore expected values and counting methods.

Types of Probability

In this section, we will look at different types of probability. We will also look at several examples of finding probability. 

Theoretical or Classical
Theoretic Probability of Playing Cards
Experimental or Empirical
Experimental Probability from Frequency Table
Probability from a Two-Way Table

Odds

In this section, we will explore calculating the odds for or against an event happening. The odds for winning puts the probability of success on top, where the odds against puts the probability of failure on top. You can also calculate the probability of success or failure given the odds of an event happening. 

Odds For
Odds Against