PROBABILITY WITH BINOMIAL THEOREM:
In this section the probability questions will involve only 2outcomes, “A’ and ‘B’
Both events are complimentary:
Ie: True/False, Win/Lose, Odd/Even, Yes/No, Pass/Fail
Ex: The probability that the Canucks will win a game is 64%.What is the probability that they will win 3 out of their next4 games?
List out all the possible outcomes:
Calculate the probability of 3 wins
Calculate the probability of 1 Loss