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Questions and Answers
What is the range of probability for an event?
What is the range of probability for an event?
- -1 to 1
- 1 to 100
- 0 to infinity
- 0 to 1 (correct)
In probability theory, what does a probability of 0.5 represent?
In probability theory, what does a probability of 0.5 represent?
- Equal likelihood of two outcomes (correct)
- Impossible event
- Likelihood of one specific outcome
- Rare event
In a random experiment, how are probabilities numerically described?
In a random experiment, how are probabilities numerically described?
- Total number of all outcomes multiplied by number of desired outcomes
- Number of desired outcomes divided by total number of all outcomes (correct)
- Number of desired outcomes multiplied by total number of all outcomes
- Total number of all outcomes divided by number of desired outcomes
What areas of study widely use probability theory?
What areas of study widely use probability theory?
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What is used to draw inferences about the expected frequency of events?
What is used to draw inferences about the expected frequency of events?
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