Equally Likely
Events that have the same probability
Equally Likely refers to a probability scenario where all the possible outcomes of an event have an equal chance of occurring. For example, if we toss a fair coin, the probability of getting a heads is just as likely as getting a tails. This is because there are only two possible outcomes, and both have an equal chance of happening. It means that there is no advantage or disadvantage to any particular outcome, and each possibility has an identical chance of occurring. In other words, when all possible outcomes are equally likely, we can assign a uniform probability distribution to the event, which means that all outcomes have the same probability of occurrence.
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Exploring the Basics of Sample Space in Probability Theory: Definition and ExamplesExploring the Concept of Fair Game: Importance in Sports, Business, and Life.
Theoretical Probability: Understanding and Calculating Likelihood Based on Equally Likely Outcomes
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