Introduction to Probability
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Questions and Answers

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?

  • 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?

  • Coin toss outcomes
  • Axiomatic mathematical equations
  • Expected frequency of events
  • Events and their likelihood (correct)

    • Where is probability theory widely used?

    <p>Statistics, finance, artificial intelligence</p> Signup and view all the answers

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