Probability

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Last updated 3:18 AM on 4/11/26
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7 Terms

1
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Probability

used to compare odds.

2
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Binary Event

Yes or no (only 2 possible outcomes).

3
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P(heads) and P(tails)

50% and 50%

4
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Law of Large Numbers

if you repeat an experiment a large number of times, the actual probability will start to converge towards the theoretical probability.

5
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Sample Space

Listing all possible outcomes for an event. EX: Tossing a coin once; heads or tails is your sample space.

6
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Tree Diagram

writing out your sample space (how you get from one point to another. EX: heads or tails, three tosses H-H-H

7
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Set Notation

used to describe possible outcomes. 23 (two outcomes, 3 trials)