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Questions and Answers
In a fair coin toss, what is the probability of getting 'heads'?
In a fair coin toss, what is the probability of getting 'heads'?
- $\frac{1}{3}$
- $\frac{3}{4}$
- $\frac{1}{2}$ (correct)
- $\frac{2}{3}$
What is the range of a probability value?
What is the range of a probability value?
- Between -1 and 1
- Between 0 and 1 (correct)
- Between 1 and 10
- Between 0 and 100
What does probability theory provide a formalization for?
What does probability theory provide a formalization for?
- Coin toss outcomes
- Axiomatic mathematical equations
- Expected frequency of events
- Events and their likelihood (correct)
Where is probability theory widely used?
Where is probability theory widely used?
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