Likelihood for simple events

Topic Notes

In this lesson, we will learn:

  • What is the likelihood of different probability events?
  • The likelihood of an event can either be: impossible, unlikely, as likely as not, likely, or certain
  • How to understand likelihood using a probability line (probability number line)

Notes:

  • The probability of an event is a value of how likely it is to happen. We can quantify the chances of something happening using a probability fraction: PP(event) = numberoutcomeswantedtotalnumberpossibilities\frac{number\,outcomes\,wanted}{total\,number\,possibilities}

  • The likelihood of an event can be described using the following phrases:
    • Impossible - it will never happen
    • Unlikely - low chances of happening (less than half the chances)
    • As likely as not - just as likely to happen as to not happen (even chances; exactly half the chances)
    • Likely - high chances of happening (more than half the chances)
    • Certain - it will always happen (happen for sure)

  • How does the value of the probability fraction represent the likelihood of an event?
    • It can tell us how likely or unlikely something is to happen.
    • The tool we can use to help us understand likelihood is the probability number line (probability line)
Likelihood for Simple Events

  • The probability line goes from 0 to 1 because the smallest probability fraction for any event is 0 out of any number of outcomes. The greatest probability fraction for any event is that it always happens (100% of the time = fraction of 1 whole).

  • Ex. For rolling a six-sided die, there is a 1 in 6 chance to land on any numbered side. Rolling any of the six numbers has a low chance (all the outcomes are unlikely events).
    • If you add all the probability fractions of all outcomes, the answer will be 1 whole (considering every single possible result)
Likelihood for Simple Events