The formula to calculate the Probability of Event (PEvent) is:
\[ PEvent = \frac{nFavorable}{nTotal} \]
Where:
The Probability of Event is the likelihood that the event will occur.
Number of Favorable Outcomes is the total number of outcomes which are favorable for the successful completion of a particular event under given circumstances.
Total Number of Outcomes is the total number of all the possible outcomes in a random experiment.
Let's assume the following values:
Using the formula:
\[ PEvent = \frac{nFavorable}{nTotal} \]
Evaluating:
\[ PEvent = \frac{3}{10} \]
The Probability of Event is 0.3.
| Number of Favorable Outcomes | Total Number of Outcomes | Probability of Event |
|---|---|---|
| 1% | 10% | 0.100000000000000 |
| 1% | 20% | 0.050000000000000 |
| 1% | 30% | 0.033333333333333 |
| 1% | 40% | 0.025000000000000 |
| 1% | 50% | 0.020000000000000 |
| 1% | 60% | 0.016666666666667 |
| 1% | 70% | 0.014285714285714 |
| 1% | 80% | 0.012500000000000 |
| 1% | 90% | 0.011111111111111 |
| 1% | 100% | 0.010000000000000 |
| 2% | 10% | 0.200000000000000 |
| 2% | 20% | 0.100000000000000 |
| 2% | 30% | 0.066666666666667 |
| 2% | 40% | 0.050000000000000 |
| 2% | 50% | 0.040000000000000 |
| 2% | 60% | 0.033333333333333 |
| 2% | 70% | 0.028571428571429 |
| 2% | 80% | 0.025000000000000 |
| 2% | 90% | 0.022222222222222 |
| 2% | 100% | 0.020000000000000 |
| 3% | 10% | 0.300000000000000 |
| 3% | 20% | 0.150000000000000 |
| 3% | 30% | 0.100000000000000 |
| 3% | 40% | 0.075000000000000 |
| 3% | 50% | 0.060000000000000 |
| 3% | 60% | 0.050000000000000 |
| 3% | 70% | 0.042857142857143 |
| 3% | 80% | 0.037500000000000 |
| 3% | 90% | 0.033333333333333 |
| 3% | 100% | 0.030000000000000 |
| 4% | 10% | 0.400000000000000 |
| 4% | 20% | 0.200000000000000 |
| 4% | 30% | 0.133333333333333 |
| 4% | 40% | 0.100000000000000 |
| 4% | 50% | 0.080000000000000 |
| 4% | 60% | 0.066666666666667 |
| 4% | 70% | 0.057142857142857 |
| 4% | 80% | 0.050000000000000 |
| 4% | 90% | 0.044444444444444 |
| 4% | 100% | 0.040000000000000 |
| 5% | 10% | 0.500000000000000 |
| 5% | 20% | 0.250000000000000 |
| 5% | 30% | 0.166666666666667 |
| 5% | 40% | 0.125000000000000 |
| 5% | 50% | 0.100000000000000 |
| 5% | 60% | 0.083333333333333 |
| 5% | 70% | 0.071428571428571 |
| 5% | 80% | 0.062500000000000 |
| 5% | 90% | 0.055555555555556 |
| 5% | 100% | 0.050000000000000 |
| 6% | 10% | 0.600000000000000 |
| 6% | 20% | 0.300000000000000 |
| 6% | 30% | 0.200000000000000 |
| 6% | 40% | 0.150000000000000 |
| 6% | 50% | 0.120000000000000 |
| 6% | 60% | 0.100000000000000 |
| 6% | 70% | 0.085714285714286 |
| 6% | 80% | 0.075000000000000 |
| 6% | 90% | 0.066666666666667 |
| 6% | 100% | 0.060000000000000 |
| 7% | 10% | 0.700000000000000 |
| 7% | 20% | 0.350000000000000 |
| 7% | 30% | 0.233333333333333 |
| 7% | 40% | 0.175000000000000 |
| 7% | 50% | 0.140000000000000 |
| 7% | 60% | 0.116666666666667 |
| 7% | 70% | 0.100000000000000 |
| 7% | 80% | 0.087500000000000 |
| 7% | 90% | 0.077777777777778 |
| 7% | 100% | 0.070000000000000 |
| 8% | 10% | 0.800000000000000 |
| 8% | 20% | 0.400000000000000 |
| 8% | 30% | 0.266666666666667 |
| 8% | 40% | 0.200000000000000 |
| 8% | 50% | 0.160000000000000 |
| 8% | 60% | 0.133333333333333 |
| 8% | 70% | 0.114285714285714 |
| 8% | 80% | 0.100000000000000 |
| 8% | 90% | 0.088888888888889 |
| 8% | 100% | 0.080000000000000 |
| 9% | 10% | 0.900000000000000 |
| 9% | 20% | 0.450000000000000 |
| 9% | 30% | 0.300000000000000 |
| 9% | 40% | 0.225000000000000 |
| 9% | 50% | 0.180000000000000 |
| 9% | 60% | 0.150000000000000 |
| 9% | 70% | 0.128571428571429 |
| 9% | 80% | 0.112500000000000 |
| 9% | 90% | 0.100000000000000 |
| 9% | 100% | 0.090000000000000 |
| 10% | 10% | 1.000000000000000 |
| 10% | 20% | 0.500000000000000 |
| 10% | 30% | 0.333333333333333 |
| 10% | 40% | 0.250000000000000 |
| 10% | 50% | 0.200000000000000 |
| 10% | 60% | 0.166666666666667 |
| 10% | 70% | 0.142857142857143 |
| 10% | 80% | 0.125000000000000 |
| 10% | 90% | 0.111111111111111 |
| 10% | 100% | 0.100000000000000 |