FinCalc India Logo
FinCalcIndia
Math & StatisticsVerified: 2026-10-05

Probability Calculator

Calculate single event probability, complementary odds, two-event independent and mutually exclusive intersections, and binomial distribution probabilities.

Direct Answer:The probability of an event P(A) is the number of favorable outcomes divided by total possible outcomes: P(A) = n(A) / n(S). For example, rolling a 6 on a 6-sided die is 1 ÷ 6 = 16.67% (0.1667), with odds of 1 to 5.
Advertisement Placeholder
Ad Slot #header-bottom

Adjust Parameters

Number of desired or winning outcomes

Total size of sample space

Probability of Event P(A)
16.67% (1 / 6)

Decimal: 0.166667 | Odds: 1 : 5

Simplified Fraction
1 / 6
Odds in Favor
1 : 5
Odds Against
5 : 1
Probability of Event NOT Occurring
83.33% (0.833333)

Step-by-Step Probability Derivation

  • Favorable outcomes n(A) = 1
  • Total sample space outcomes n(S) = 6
  • Probability P(A) = n(A) ÷ n(S) = 1 ÷ 6 = 1 / 6 = 0.166667
  • Percentage = 16.67%
  • Complementary probability P(not A) = 1 − 0.166667 = 0.833333
  • Odds in favor = 1 : 5 | Odds against = 5 : 1
Advertisement Placeholder
Ad Slot #mid-content

How Probability Calculator is Calculated

Transparent mathematical formulas and assumptions used across our financial engines.

Mathematical Formula
P(A) = \frac{n(A)}{n(S)} \quad | \quad P(A \cup B) = P(A) + P(B) - P(A \cap B) \quad | \quad P(X = k) = \binom{n}{k} p^k (1-p)^{n-k}

Variables & Legend

P(A)
Probability of Event A
n(A)
Favorable Outcomes
n(S)
Total Outcomes
n
Trials
p
Success Rate

Step-by-Step Calculation

  1. Count Outcomes: n(A) \le n(S)

    Identify favorable cases and total cases.

  2. Divide: P(A) = n(A) / n(S)

    Divide favorable by total to find decimal probability.

  3. Complement: P(A') = 1 - P(A)

    Subtract from 1 to find failure probability.

Conventions & Assumptions

  • Probability is always bounded between 0 (impossible event) and 1 (certain event).
  • Odds in favor express the ratio of successes to failures (a : b), whereas probability expresses successes to total outcomes (a / (a + b)).

Frequently Asked Questions

Divide the number of favorable outcomes by the total number of possible outcomes. For example, drawing an Ace from a standard 52-card deck has 4 favorable outcomes out of 52 total cards: 4 ÷ 52 = 1/13 ≈ 7.69%.

Related Calculators & Scenarios

Explore Alternatives