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 (C)</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 (B)</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 (A)</p> Signup and view all the answers

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