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  2. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    While they have useful mathematical properties, they can produce counter-intuitive results: an event with an 80% probability of occurring is four times more probable to happen than an event with a 20% probability, but the odds are 16 times higher on the less probable event (4–1 against, or 4) than on the more probable one (1–4, or 4–1 on ...

  3. Event (probability theory) - Wikipedia

    en.wikipedia.org/wiki/Event_(probability_theory)

    In probability theory, an event is a subset of outcomes of an experiment (a subset of the sample space) to which a probability is assigned. [1] A single outcome may be an element of many different events, [2] and different events in an experiment are usually not equally likely, since they may include very different groups of outcomes. [3]

  4. Probability - Wikipedia

    en.wikipedia.org/wiki/Probability

    Probability is the branch of mathematics and statistics concerning events and numerical descriptions of how likely they are to occur. The probability of an event is a number between 0 and 1; the larger the probability, the more likely an event is to occur. [note 1] [1] [2] This number is often expressed as a percentage (%), ranging from 0% to ...

  5. Probability space - Wikipedia

    en.wikipedia.org/wiki/Probability_space

    These two non-atomic examples are closely related: a sequence (x 1, x 2, ...) ∈ {0,1} ∞ leads to the number 2 −1 x 1 + 22 x 2 + ⋯ ∈ [0,1]. This is not a one-to-one correspondence between {0,1} ∞ and [0,1] however: it is an isomorphism modulo zero , which allows for treating the two probability spaces as two forms of the same ...

  6. Probability theory - Wikipedia

    en.wikipedia.org/wiki/Probability_theory

    The probability that any one of the events {1,6}, {3}, or {2,4} will occur is 5/6. This is the same as saying that the probability of event {1,2,3,4,6} is 5/6. This event encompasses the possibility of any number except five being rolled.

  7. Birthday problem - Wikipedia

    en.wikipedia.org/wiki/Birthday_problem

    Event 1 is the event of person 1 having a birthday, which occurs with probability 1. This conjunction of events may be computed using conditional probability: the probability of Event 2 is ⁠ 364 / 365 ⁠, as person 2 may have any birthday other than the birthday of person 1. Similarly, the probability of Event 3 given that Event 2 occurred ...

  8. Outcome (probability) - Wikipedia

    en.wikipedia.org/wiki/Outcome_(probability)

    The event that contains all possible outcomes of an experiment is its sample space. A single outcome can be a part of many different events. [4] Typically, when the sample space is finite, any subset of the sample space is an event (that is, all elements of the power set of the sample space are defined as events

  9. Probability distribution - Wikipedia

    en.wikipedia.org/wiki/Probability_distribution

    A discrete probability distribution is the probability distribution of a random variable that can take on only a countable number of values [15] (almost surely) [16] which means that the probability of any event can be expressed as a (finite or countably infinite) sum: = (=), where is a countable set with () =.