Understanding the Range of Opportunity Values ​​

Definition of the Range of Opportunity Values ​​ - Simply The range of opportunity values ​​can be interpreted as an estimate of the probability of an event occurring within a sample space. We take the example in a football game, the referee will use coins or coins to determine which teams will get the first ball. From the toss of the coin, which ones have a greater chance of appearing, pictures or numbers? Since the shape of the coin is symmetrical and has only two sides, the probability of the appearance of the image or number is the same.
If each sample point in sample space S has equal opportunity to emerge, then the probability of occurrence of event A in sample space S is:

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