Concept simply explained
This page explains the all new simpler approach to understand probability. With Basic terms, some solved example given below would make sure you understand the concepts.
Lets understand the basic terms used in probability. This will help you in solving complex problems of probability.
Problem-1
What is the probability of picking a student whose name starts from alphabet “A” from class of 60 students? Number of students with alphabet “A” = 20.
Solution:
Event: Picking a student with name starts from “A”
Sample Space = 60
Favorable Events = 20
Probability = 20/60 = 1/3.
Problem-2
What is the probability of getting an vowel out of English alphabets?
Solution:
Event: Draw an alphabet from English alphabets.
Sample Space: 26 (No. of alphabets)
Favorable Events: 5 (Number of vowels in English)
Probability = 5/6.
Problem-3
What is the probability of getting 53 Sundays in a leap year?
Event: Pick Sunday day from a leap year.
Sample Space: Every non leap year has 52 weeks (52×7=364 days). Now the leap year will
have 366 days, which means 2 days extra – which can be any of the following combinations
(Monday, Tuesday), (Tuesday, Wednesday), (Wednesday, Thursday), (Thursday, Friday), (Friday, Saturday), (Saturday, Sunday) or (Sunday, Monday)
Count the number of Pairs = 7, Therefore Sample Space =7.
Favourable Events: Count number of pairs containing Sundays. How many did you find?
There would be two (Saturday, Sunday) and (Sunday, Monday). Therefore,
Favourable Events=2
Probability of the Event = Favourable Events/Sample Space = 2/7.
Basic Laws of Probability
Rule-1: P (Event A or Event B) = Prob (Event A) + Prob (Event B) – Prob (Common between A and B)
When there is not nothing common between events, Called Mutually Exclusive Events, Prob (Common between A and B) = Zero
Rule-2: P (Event A or Event B) = Prob (Event A) + Prob (Event B)
Problem-4
A Card if drawn from deck of cards. Find the probability that is King or Queen.
Solution:
NOTES UNIT-2 ENTREPRENEURIAL PLANNING CLASS-XII SUBJECT- ENTREPRENEURSHIP
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