Probability of Event Solution

STEP 0: Pre-Calculation Summary
Formula Used
Probability of Event = Number of Favorable Outcomes/Total Number of Outcomes
PEvent = nFavorable/nTotal
This formula uses 3 Variables
Variables Used
Probability of Event - Probability of Event is the likelihood that the event will occur.
Number of Favorable Outcomes - Number of Favorable Outcomes is the total number of outcomes which are favorable for the successful completion of a particular event under given circumstances.
Total Number of Outcomes - Total Number of Outcomes is the total number of all the possible outcomes in a random experiment.
STEP 1: Convert Input(s) to Base Unit
Number of Favorable Outcomes: 3 --> No Conversion Required
Total Number of Outcomes: 10 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
PEvent = nFavorable/nTotal --> 3/10
Evaluating ... ...
PEvent = 0.3
STEP 3: Convert Result to Output's Unit
0.3 --> No Conversion Required
FINAL ANSWER
0.3 <-- Probability of Event
(Calculation completed in 00.004 seconds)

Credits

Created by Team Softusvista
Softusvista Office (Pune), India
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Verified by Himanshi Sharma
Bhilai Institute of Technology (BIT), Raipur
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6 Important Formulas of Probability Calculators

Probability of Success
Go Probability of Success in Binomial Distribution = Number of Wins/(Number of Wins+Number of Losses)
Probability of Failure
Go Probability of Failure = Number of Losses/(Number of Wins+Number of Losses)
Probability of Event
Go Probability of Event = Number of Favorable Outcomes/Total Number of Outcomes
Empirical Probability
Go Empirical Probability = Number of Times Event Occurs/Total Number of Trials
Odds in Favor
Go Odds in Favor = Number of Wins/Number of Losses
Odds against
Go Odds Against = Number of Losses/Number of Wins

Probability of Event Formula

Probability of Event = Number of Favorable Outcomes/Total Number of Outcomes
PEvent = nFavorable/nTotal

What is Probability?

In Mathematics, Probability theory is the study of chances. In real life, we predict chances depending on the situation. But Probability theory is bringing a mathematical foundation for the concept of Probability. For example, if a box contain 10 balls which include 7 black balls and 3 red balls and randomly chosen one ball. Then the Probability of getting red ball is 3/10 and Probability of getting black ball is 7/10. When coming to statistics, Probability is like the back bone of statistics. It has a wide application in decision making, data science, business trend studies, etc.

How to Calculate Probability of Event?

Probability of Event calculator uses Probability of Event = Number of Favorable Outcomes/Total Number of Outcomes to calculate the Probability of Event, Probability of Event formula is defined as the likelihood that the event will occur. Probability of Event is denoted by PEvent symbol.

How to calculate Probability of Event using this online calculator? To use this online calculator for Probability of Event, enter Number of Favorable Outcomes (nFavorable) & Total Number of Outcomes (nTotal) and hit the calculate button. Here is how the Probability of Event calculation can be explained with given input values -> 0.3 = 3/10.

FAQ

What is Probability of Event?
Probability of Event formula is defined as the likelihood that the event will occur and is represented as PEvent = nFavorable/nTotal or Probability of Event = Number of Favorable Outcomes/Total Number of Outcomes. Number of Favorable Outcomes is the total number of outcomes which are favorable for the successful completion of a particular event under given circumstances & Total Number of Outcomes is the total number of all the possible outcomes in a random experiment.
How to calculate Probability of Event?
Probability of Event formula is defined as the likelihood that the event will occur is calculated using Probability of Event = Number of Favorable Outcomes/Total Number of Outcomes. To calculate Probability of Event, you need Number of Favorable Outcomes (nFavorable) & Total Number of Outcomes (nTotal). With our tool, you need to enter the respective value for Number of Favorable Outcomes & Total Number of Outcomes and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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