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.
PROBABILITY AND GENETICS. Probability is the study of the likelihood of the occurrence of a particular event or offspring. The chance or probability that an event will take place can be expressed as a fraction (1/4), ratio (1:4) or % (25%). Probability = # of chances for an event. # of possible combinations.