That's what MBAs say when asked what the degree has done for them. It gave me a broad perspective of the business world -- how the economy works [and] how my industry works, says Susan Odegaard Turner, founder of Thousand Oaks, California-based consultancy Turner Healthcare Associates.
Theoretical probability is the probability of an event when all outcomes are equally likely. With theoretical probability, you determine the probability by dividing the number of ways the event can occur by the total number of equally likely outcomes. Theoretical probability is the probability of an event when all outcomes are equally likely.
We can also find the theoretical probability of an event. The formula for theoretical probability of an event is. Example: A bag contains 10 red marbles, 8 blue marbles and 2 yellow marbles.Find the theoretical probability of getting a blue marble.heoretical Probability. We can also find the theoretical probability of an event. The formula for theoretical probability of an event is. Example: A bag contains 10 red marbles, 8 blue marbles and 2 yellow marbles. Find the theoretical probability of getting a blue marble. Solution: There are 8 blue marbles.