Learn about using data to determine the likelihood of an outcome. This course is ideal for beginners.
Introduction
Data is information; a collection of numbers, words, measurements, facts and statistics. Data can be used in order to calculate the likelihood of an outcome.
Probability expresses the likelihood of an event’s occurrence.
The probability of something occurring is given by the following ratio:
Probability is equal to the number of ways that an event is occurring divided by the total number of possible outcomes.
What data is
What probability is
How to read a probability scale
Use percentages, ratio and decimals to present the likelihood of an outcome
Interpret data to determine the likelihood of an outcome
Identify and use theoretical and experimental probability