Probability Fundamentals Quiz
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Questions and Answers

What is the definition of probability?

  • The total number of possible outcomes
  • The highest possible outcome
  • The average of all possible outcomes
  • The likelihood of a particular outcome occurring (correct)

In probability, what does 'mutually exclusive events' mean?

  • Events that cannot occur at the same time (correct)
  • Events that are completely unrelated
  • Events that always occur together
  • Events that have a high likelihood of occurring

What is the formula for calculating the probability of an event?

  • Number of favorable outcomes + Total number of possible outcomes
  • Total number of possible outcomes / Number of favorable outcomes
  • Number of favorable outcomes / Total number of possible outcomes (correct)
  • Number of favorable outcomes - Total number of possible outcomes

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