Suppose we roll a six-sided number cube. Rolling a number cube is an example of an experiment, or an activity with an observable result. The numbers on the cube are possible results, or outcomes, of this experiment. The set of all possible outcomes of an experiment is called the sample space of the experiment. The sample space for this experiment is [latex]\left\{1,2,3,4,5,6\right\}[/latex]. An event is any subset of a sample space.

The likelihood of an event is known as probability. The probability of an event [latex]p[/latex] is a number that always satisfies [latex]0\le p\le 1[/latex], where 0 indicates an impossible event and 1 indicates a certain event. A probability model is a mathematical description of an experiment listing all possible outcomes and their associated probabilities. For instance, if there is a 1% chance of winning a raffle and a 99% chance of losing the raffle, a probability model would look much like the table below.

The sum of the probabilities listed in a probability model must equal 1, or 100%.

Computing Probabilities of Equally Likely Outcomes

Let [latex]S[/latex] be a sample space for an experiment. When investigating probability, an event is any subset of [latex]S[/latex]. When the outcomes of an experiment are all equally likely, we can find the probability of an event by dividing the number of outcomes in the event by the total number of outcomes in [latex]S[/latex]. Suppose a number cube is rolled, and we are interested in finding the probability of the event “rolling a number less than or equal to 4.” There are 4 possible outcomes in the event and 6 possible outcomes in [latex]S[/latex], so the probability of the event is [latex]\frac{4}{6}=\frac{2}{3}[/latex].