Probability Concepts Quiz
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Questions and Answers

What is the range of the probability of an event?

  • Between 0 and 100
  • Between -1 and 1
  • Between 0 and 1 (correct)
  • Between 1 and 10

In probability theory, what does a probability of 0.5 represent?

  • Impossibility of the event
  • Unpredictability of the event
  • Equal likelihood of two outcomes (correct)
  • Certainty of the event

What is the mathematical formalization of probability concepts called?

  • Axiomatic probability theory (correct)
  • Numerical analysis
  • Stochastic modeling
  • Probability calculus

In probability, what does a probability of 1 indicate?

<p>Certainty of the event (C)</p> Signup and view all the answers

Which branch of mathematics extensively uses probability theory?

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

What is the probability of an event that is impossible?

<p>0 (C)</p> Signup and view all the answers

In probability theory, what does a probability of 0.5 represent?

<p>Equal likelihood of two outcomes (A)</p> Signup and view all the answers

What does a probability of 1 indicate in probability theory?

<p>Certainty of the event (A)</p> Signup and view all the answers

What is the range of the probability of an event?

<p>Between 0 and 1 (B)</p> Signup and view all the answers

Which branch of mathematics extensively uses probability theory?

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

In probability theory, what does a probability of 0.5 indicate?

<p>The event is equally likely to occur or not occur (C)</p> Signup and view all the answers

What does a probability of 1 indicate in probability theory?

<p>The event is certain to occur (C)</p> Signup and view all the answers

What is the range of the probability of an event?

<p>Between 0 and 1 (C)</p> Signup and view all the answers

What does a probability of 0 indicate in probability theory?

<p>The event is impossible to occur (B)</p> Signup and view all the answers

What is the mathematical formalization of probability concepts called?

<p>Probability theory (C)</p> Signup and view all the answers

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