Question

A probability is a number between 0 and 1 that reflects the likelihood of some outcome. According to the classical approach to assigning probability, the probability that an outcome occurs is interpreted as:

Answer 1

Probability of an event
`=\frac{\textrm{Number of favorable outcomes}}{\textrm{Total number of outcomes}}`

Explanation:

According to the classical approach to assigning probability, if an experiment has
`n` simple outcomes, this method would assign a probability of
`(1)/(n)` to each outcome. In other words, each outcome is assumed to have an equal probability of occurrence.

So, probability of an event
`=\frac{\textrm{Number of favorable outcomes}}{\textrm{Total number of outcomes}}`