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Estimating probability

2 videos
2 skills
If you know all of the possible outcomes of a trial (and the associated probabilities of each of them), you can find the exact probability. In many situations, however, we don't know this and instead, we estimate the probability based on history of events. That's what we're going to do in this tutorial.

Estimating probability example

VIDEO 0:58 minutes
How probable is it that after a 1000 rolls of the dice, you will roll a 7? Have a look and listen.

Finding probability


Estimating probabilities in sporting events

VIDEO 1:34 minutes
No one loves estimating probabilities more than sports analysts. What will be the outcome of the next World Cup?

Probability models