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probability

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the ratio of desired outcomes to total possible outcomes

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## terms list

probability

the ratio of desired outcomes to total possible outcomes

outcome

a possible result of an event

sample space

the set of all outcomes of an event

compound event

an event that consists of two or more simple events

independent event

the outcome of the first event does not affect the outcome of the second event

dependent event

the outcome of the second event is affected by the outcome of the first event

replacement

the process of including all possible outcomes in each event of a compound event

compound probability

the probability of compound events

conditional probability

the probability of event B happening, given that event A has already happened

factorial

n!, the product of all the postive integers from 1 to n

permutation

the arrangements or orderings of n objects or any subset of the n objects

combination

an unordered collection of objects

expected value

the average value when the number of trials is large

theoretical probability

the calculated probability

experimental probability

the probability resulting from an experiment

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