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Short Essay. 47. In a one-paragraph essay, discuss the rules for probability. Be

ID: 3060787 • Letter: S

Question

Short Essay. 47. In a one-paragraph essay, discuss the rules for probability. Be very specific. (1opts) Consider the following questions: What values (types of numbers) can a result from a probability? What must the sum of all probabilities be? If the probability of an event is zero, what can you say about its ability to occur? If the probability of an event is o.5, what can you say about its ability to occur? If the probability is I, what can you say about its ability to occur? If the probability is low, what can you say about its ability to occur?

Explanation / Answer

Probability is a branch of mathematics that deals with calculating the likelihood of a given event's occurrence, which is expressed as a number between 1 and 0.

In its simplest form, the probability can be expressed mathematically as the number of occurrences of a targeted event divided by the number of occurrences plus the number of failures of occurrences (this adds up to the total of possible outcomes) hence the probability always equals or between 0 and 1.

The sum of all the probabilities of the events to occur is 1

An event with a probability of 1 can be considered a certainty: for example, the probability of a coin toss resulting in either "heads" or "tails" is 1, because there are no other options, assuming the coin lands flat.

An event with a probability of 0.5 can be considered to have equal odds of occurring or not occurring: for example, the probability of a coin toss resulting in "heads" is 0.5 because the toss is equally as likely to result in "tails.

" An event with a probability of 0 can be considered an impossibility: for example, the probability that the coin will land (flat) without either side facing up is 0 because either "heads" or "tails" must be facing up.

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