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Probability 1

Simplify To reduce a fraction to a simpler form by cancellation of common factors.
Probability The measurement of the likelihood that an event will occur: a fraction between 0 and 1.
Probability Notation The probability of an outcome written in symbols: P(outcome) or P(1).
Event A collection of outcomes in a probability experiment.
Outcome A possible result of a probability experiment.
Complement All possible outcomes of a probability experiment that are NOT outcomes of the event: A'
Theoretical Probabilty The ratio of the number of outcomes in which the event can occur to the total number of outcomes in the experiment. Written as a fraction.
Experimental Probability The ratio of the number of times an event occurs to the total number of trials or times the activity is performed.
Created by: Olsons13