The definition of odds and its connection to probability will be explained. The concept of odds will then be applied to real-life scenarios, such as winning the lottery.
discrete random variables, expected value, odds, probability, ratios
This question set explores the probability that a certain will occur, given that another related event has occurred.
Baye’s Theorem, events, probability
An introductory question set to probability. The concept of events, sets of outcomes, and sample spaces will be explored.
complement events, dependent events, events, independent events, mutually exclusive events, outcomes, probability, sample space, sets
This question set introduces the Fundamental Counting Principle to solve multi-step counting problems. No previous knowledge in counting is required.
combinations, counting, Fundamental Counting Principle, math 11-12, patterns, permutations, probability
This question set teaches how many ways a selection can be made if the order matters. The properties of this formula will then be analyzed in the following questions.
choosing, combinations, counting, factorials, Fundamental Counting Principle, math 11-12, permutations, probability
This problem set goes how to solve counting problems were the order of the selection does not matter. The formula for permutations will be used to derive the formula used to determine the number of combinations.
choosing, combinations, counting, factorials, Fundamental, math 11-12, permutations, probability
The seemingly paradoxical Monty Hall problem is systematically deciphered using a series of probabilistic calculations.
Monty Hall, odds, paradox, probability