Probability Concepts Quiz
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Questions and Answers

If two events are independent, what is the probability of both events occurring?

  • The product of their individual probabilities (correct)
  • The minimum of their individual probabilities
  • The sum of their individual probabilities
  • The maximum of their individual probabilities

    • What is the complement of an event with a probability of 0.7?

  • 0.5
  • 1.7
  • 0.7
  • 0.3 (correct)

    • In a binomial distribution, what does the 'n' represent?

  • The mean
  • The number of trials (correct)
  • The probability of success
  • The standard deviation

    • In probability, what is the 'expected value' of a random variable?

    <p>The average value of the variable over many repetitions of the experiment</p> Signup and view all the answers

    What does the term 'mutually exclusive events' refer to in probability?

    <p>Events that cannot occur at the same time</p> Signup and view all the answers

    What does the 'sample space' represent in probability theory?

    <p>The set of all possible outcomes of an experiment</p> Signup and view all the answers

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