That’s right! When you roll a handful of dice or go all in on one number at the roulette table, there’s a lot more going on than just luck and random outcomes. Every game at a casino and many more aspects of life are directly affected by the mathematical topic of probability. What do you know about it?
Expected Value
Fair price
Experiment
Relative frequency
Net Amount
Event
Mutually exclusive
Outcomes
Event
Law of large numbers
Expected Value
Sample space
Empirical probability (Relative frequency)
Equally likely outcomes
Compound probability
Fair price
Compound probability
Conditional probability
Theoretical probability
Empirical probability
Empirical probability
Law of large numbers
Equally likely outcomes
Compound probability
Mutually exclusive
Equally likely outcomes
Empirical probability
Expectation
Net Amount
Expected Value
Odds in favor
Odds against
Net Amount
Expected Value
Odds in favor
Odds against
Experiment
Expected Value (Expectation)
Fair price
Independent events
Net amount
Sample space
Tree diagrams
Compound probability
Fair price
Tree diagrams
Sample space
Sample point
Sample point
Tree diagrams
Sample space
Expectation
Odds against
Sample point
Odds in favor
Mutually exclusive
Expectation
Expected Value
Net Amount
Three diagrams
Mutually exclusive
Sample space
Tree diagrams
Compound probability
Or probability problem
And probability problem
Conditional probability
Independent events
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Conditional probability
Independent events
Dependent events
Independent events
Relative frequency
Theoretical probability
Or formula
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Or formula
And formula
Or probability problem
And probability problem
Compound probability
Conditional probability
Empirical probability
Theoretical probability