Probability
GeneralProbability (Statistics)
A numeric measure, between 0 and 1, of how likely an event is to occur โ with 0 meaning impossible and 1 meaning certain.
Definition
Probability is a numeric measure of how likely an event is to occur, expressed as a value between 0 (impossible) and 1 (certain) โ or equivalently, as a percentage between 0% and 100%. It underlies everything from simple games of chance to complex statistical models used in science, finance, and quality control.
The Probability Calculator computes basic event probabilities, while the Binomial Distribution Calculator and Poisson Distribution Calculator extend probability to model repeated trials and rare events over an interval, respectively.
Formula
Basic Probability = Favorable Outcomes รท Total Possible Outcomes
For independent events A and B occurring together:
P(A and B) = P(A) ร P(B)
Worked Example
The probability of drawing an ace from a standard 52-card deck is 4 รท 52 โ 7.7%, since there are 4 aces (favorable outcomes) among 52 total cards. Drawing two aces in a row, with replacement (so the deck resets between draws, keeping the events independent), has a probability of (4/52) ร (4/52) โ 0.59%.
Key Things to Know
- Probability always falls between 0 and 1: a value outside this range indicates a calculation error.
- Independent events multiply: the probability of two independent events both occurring is the product of their individual probabilities.
- The binomial distribution models fixed-trial counting: like the number of successes in a set number of coin flips or product tests.
- The Poisson distribution models rate-based rare events: like the number of calls a call center receives per hour.
- The normal distribution extends probability to continuous data, using area under a bell curve rather than counting discrete outcomes.
Related Calculators
Frequently Asked Questions