The theoretical probability is found whenever you make use of a formula to find the probability of an event.

To find the probability of an event, also called likelihood of an event, use the formula below:

probability of an event =

number of favorable outcomes
number of possible outcomes

The number of favorable outcomes is the likelihood to get a specific outcome

For example, suppose you throw a die numbered from 1 to 6.

Count all the possible numbers you can get. This is called number of possible outcomes.

All the possible numbers are 1, 2, 3, 4, 5, and 6. Thus the number of possible outcomes is 6

You could make up different types of favorable outcomes

You could say...

a. Likelihood to get an even number

b. Likelihood to get a prime number

c. Likelihood to get an odd number

d. Likelihood to get a 4.

e. Likelihood to get a 1.

f. Likelihood to get a number bigger than 4

g. Likelihood to geta number less than 6

All the above are favorable outcomes

Throw a die once. What is the probability of getting a number less than 6?

Ask yourself, "How many number are less than 6?"

Since there are 5 numbers less than 6, the number of favorable outcomes is 5

Since the die had a total of 6 numbers, the number of possible outcomes is 6

probability of getting a number less than 6 =

number of favorable outcomes
number of possible outcomes

probability of getting a number less than 6 =

5
6

probability of getting a number less than 6 = 0.8333

probability of getting a number less than 6 = 83.33%

probability of getting a yellow ball = 0.3333

This means that it is very likely you will get a number less than 6

A bag contains 6 blue balls, 4 yellow balls, and 2 red balls

What is the theoretical probability of getting a yellow ball?

Since you have 4 yellow balls playing on your favor, the number of favorable outcomes is 4

To get the number of possible outcomes, just count all the balls. Number of possible outcomes is 12

probability of getting a yellow ball =

4
12

probability of getting a yellow ball = 0.3333

probability of getting a yellow ball = 33.33%

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