Probability Project - Theoretical Probability - Day 1

What
Probability Project - Theoretical Probability - Day 1
When
5/11/2017

So you have an idea for a game -- maybe you even started to make it -- but now it's time to calculate the probabilities of winning. 

  • List all of the possible final outcomes (more than just "win" and "lose").
  • Remember, "and" tells you to multiply probabilities; "or" tells you to add probabilities.
  • The "out of 50" column is the prediction of how many times each result would occur if the game was played 50 times.
  • Predicted Value = Value of A x Probability of A + Value of B x Probability of B +.... for all your results.

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