Section 1
Constructing Probability Models
Property
An experiment is an activity with an observable result. The set of all possible outcomes is called the sample space. An event is any subset of a sample space. The probability of an event p is a number that always satisfies . A probability model is a mathematical description of an experiment listing all possible outcomes and their associated probabilities. The sum of the probabilities must equal 1. To construct a model for an event with equally likely outcomes, identify every outcome, determine the total number of outcomes, and express each outcome's probability as a ratio to the total.
Examples
- A fair coin is tossed. The sample space is {Heads, Tails}. The probability model is P(Heads) = and P(Tails) = .
- A spinner has four equal sections colored Red, Green, Blue, and Yellow. The probability of landing on any specific color is .