How To Calculate Chance?

Define the event you want to find the chance of

Count the number of favorable outcomes

Count the total number of possible outcomes

Divide favorable outcomes by total possible outcomes

Write the result as a fraction, decimal, or percentage

Use the formula: Probability = Favorable Outcomes / Total Outcomes

For percentage, multiply the probability by 100

For odds, compare favorable outcomes to unfavorable outcomes

For multiple events, apply addition or multiplication rules as needed

Check whether events are independent or dependent

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