Sample Space - The set of all possible outcomes of an experiment., Outcome - One possible result of an experiment., Simple Probability - An event that consist of exactly one outcome. For example, picking an ace, rolling an even number, getting a heads. , Compound Probability - Made up of two or more events. There are 4 types of compound probability., Independent Probability - The outcome of one event does not change the outcome of the second event. For example, rolling a dice does not change the likelihood of getting heads when tossing a coin. , Event - An outcome or group of outcomes, Dependent Probability - When the first event changes the outcome of the second event. For example, picking marble out of a jar and not replacing it.  , Probability Formula - The ratio of favorable outcomes to all possible outcomes.,

Probability Vocabulary

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