Theoretical Probability, Permutations and Combinations

Professor Dave Explains
20 Dec 201715:51
EducationalLearning
32 Likes 10 Comments

TLDRThis video explains the mathematical concept of probability, using examples like coin flips, dice rolls, and poker hands. It covers basic probability calculations, combinations and permutations of events, casino game odds, and more complex probabilistic scenarios. The goal is to demonstrate how probability applies to predicting outcomes in everyday life, even when precise calculations are impractical.

Takeaways
  • πŸ˜€ Probability is a mathematical concept used to make predictions and decisions based on the likelihood of events happening.
  • πŸ“Š To calculate probability, take the number of desired outcomes and divide it by the total number of possible outcomes.
  • πŸ‘ 50/50 probability can be expressed as 0.5, 50%, or 1 out of 2 chances.
  • βœ–οΈ The probability of independent events is calculated by multiplying their individual probabilities.
  • 🎲 Dice probabilities involve counting combinations of numbers that satisfy the desired outcome.
  • πŸ”’ Combination locks have a number of possibilities equal to the number of possibilities per digit raised to the power of the number of digits.
  • ♦️ Calculating probabilities for poker hands involves factorials and accounting for permutations vs combinations.
  • 🌈 The best possible poker hand, a Royal Flush, has an extremely low probability of occurring.
  • πŸ˜• Probabilities approaching 2% start to become likely enough to reasonably expect.
  • πŸ€” Applying probability calculations to complex events like human behavior has limitations.
Q & A
  • What is probability and how does it impact our daily decision-making?

    -Probability is a mathematical concept that affects our daily lives as we often make decisions based on our perceived chances of success and happiness. It involves calculating the likelihood of different outcomes to make informed choices.

  • How is the probability of a single event, like a coin flip, calculated?

    -The probability of a single event, like a coin flip, is calculated by dividing the number of desired outcomes by the total number of possible outcomes. For a fair coin, this is 1 (either heads or tails) divided by 2, resulting in a probability of 0.5 or 50%.

  • How do you calculate the probability of consecutive independent events, like flipping a coin twice?

    -The probability of consecutive independent events, such as flipping a coin twice, is calculated by multiplying the probabilities of each individual event. For two coin flips, both with a probability of 1/2, the combined probability is 1/2 times 1/2, which equals 1/4 or 25%.

  • What is the probability of drawing a red sock from a drawer containing socks of different colors?

    -The probability is calculated by dividing the number of red socks (desired outcome) by the total number of socks. If there are five red socks and twenty-five total, the probability is 5/25 or 20%.

  • How do you determine the probability of pulling out two red socks in succession?

    -For two successive events, calculate the probability of each and multiply them. For the first red sock, it's 5/25. If one red sock is removed, the second probability is 4/24. Multiply these for the combined probability: (5/25) * (4/24) = 0.033 or 3.3%.

  • What is the method to calculate the number of possible outcomes for permutation and combination problems?

    -The number of possible outcomes in permutation problems where values can be repeated is calculated by raising the number of possibilities per item to the power of the number of items. For combinations, where order doesn't matter, it's calculated using the formula N factorial divided by (R factorial times (N minus R) factorial).

  • How do you calculate the probability of getting a specific result from rolling two dice?

    -To find the probability of a specific result, like rolling a sum of twelve (double sixes), divide the number of ways to achieve this outcome (1) by the total possible outcomes (36). The probability is therefore 1/36.

  • What is the difference between permutations and combinations?

    -Permutations are arrangements where the order matters, calculated as N factorial divided by (N minus R) factorial. Combinations are selections where the order does not matter, calculated as N factorial over (R factorial times (N minus R) factorial).

  • How is the probability of complex card hands, like a royal flush, in poker calculated?

    -The probability of complex card hands is calculated by dividing the number of ways the hand can occur by the total number of possible hands. For a royal flush, there are only four possible hands out of more than 2.5 million, making it extremely rare.

  • Why do probabilities for card games consider combinations rather than permutations?

    -In card games, the order of the cards does not affect the outcome of the hand, so combinations are used rather than permutations. This reflects scenarios where the arrangement of items doesn't matter, only the selection of specific items from a set.

Outlines
00:00
🎲 Introducing Probability

Paragraph 1 introduces the concept of probability, explaining how we use probability to make predictions and decisions in everyday life. It defines probability mathematically as the number of desired outcomes divided by total possible outcomes, represented as a fraction, decimal, or percentage. Simple examples of coin flips are used to demonstrate probability calculations.

05:07
🎲 Calculating Probabilities

Paragraph 2 explains how to calculate the probability of more complex events with multiple possible outcomes, using examples of rolling dice, combination locks, and runners finishing a race. Important concepts like permutations vs combinations and factorials are introduced.

10:08
πŸƒ Probability in Card Games

Paragraph 3 analyzes poker hand probabilities. It first calculates the total possible 5-card poker hands mathematically. Then examples show how to compute the probability of specific hands like royal flushes, straight flushes etc. based on card suit and number combinations.

Mindmap
Keywords
πŸ’‘probability
Probability refers to the likelihood of an event occurring. It is a number between 0 and 1 representing the chance of something happening. The video discusses probability in relation to everyday decision making and predictions. It provides examples of calculating probability for coin flips, dice rolls, and poker hands.
πŸ’‘combinations
Combinations refer to groups of items selected from a set where order does not matter. The video explains how combinations are used to compute probabilities where item order is irrelevant, like in a poker hand.
πŸ’‘permutations
Permutations refer to ordered arrangements of items selected from a set. The video uses permutations to calculate possible outcomes where order matters, like runners finishing in 1st, 2nd and 3rd place.
πŸ’‘factorial
The factorial of a number N is written N! and is equal to 1x2x3x...xN. Factorials allow efficient calculation of permutations and combinations. The video shows factorials used to determine possible poker hands from a deck of cards.
πŸ’‘decimal
A decimal is a way to express a fraction as a number with places after the decimal point. Decimals represent probability as a number between 0 and 1. In the video, 0.5 represents a 50% probability.
πŸ’‘percentage
A percentage expresses a probability as a fraction out of 100. The video gives examples converting probabilities expressed as fractions into percentages.
πŸ’‘dice
Dice with numbers on each face are used as examples of calculating probability. The video examines the chance of rolling different combinations of numbers on a pair of dice.
πŸ’‘poker
Poker hand probabilities illustrate combinatorics. The chance of being randomly dealt a certain poker hand from a deck of cards depends on permutations and combinations.
πŸ’‘card
A standard deck of 52 playing cards provides many probability examples. Possible combinations of cards in poker hands demonstrate calculated chances.
πŸ’‘combination lock
A combination lock with multiple digits illustrates permutations. The video explains how 10 possibilities for each digit leads to 10^3 total lock combinations.
Highlights

Probability is a concept that bleeds into our everyday lives as we make decisions based on perceived chances of success.

Calculating real-world probabilities like job success or relationships is impractical, but understanding probability theory allows us to make better predictions.

Probability equals the number of desired outcomes divided by total possible outcomes, expressed as a fraction, decimal, or percentage.

Independent events don't affect each other's probabilities; the chance of heads or tails on a coin flip is always 50% no matter how many flips.

If something absolutely won't happen, the probability is 0; if something absolutely will happen, the probability is 1.

Odds analysis of dice, cards and casino games provide great examples of probability calculations in action.

Combination locks demonstrate the number of permutations possible with repeated values, calculated by possibilities per item ^ number of items.

Finding permutations without repeated values uses N! / (N - R)!, where N is total items and R is number selected.

Combinations add (N - R)! to also account for duplicate permutations, giving N! / (R! * (N - R)!).

A standard deck has 4 suits with 13 cards each for 52 total; this allows computing the probability of poker hands.

A royal flush (10 thru Ace, same suit) probability: 4 / 2.5 million possible 5-card hands = extremely rare.

As hands get more common (3 of a kind, flush etc.) the probability divides by fewer possible outcomes, increasing likelihood.

Logic with suits, card ranks and order possibilities allows computing probabilities of different poker hands.

While applying probability theory to complex events has limits, it enables better comprehension and predictions.

Understanding permutations, combinations and probability calculations empowers analytical skills for everyday life.

Transcripts
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