Probability Theory Concepts

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Questions and Answers

What is the branch of mathematics that deals with the likelihood of a given event or outcome?

  • Algebra
  • Trigonometry
  • Probability (correct)
  • Calculus

Which of the following is a key concept in probability theory?

  • Median
  • Expected value (correct)
  • Prime number
  • Factorial

In probability, what does the term 'event' refer to?

  • A type of prime number
  • A set of possible outcomes (correct)
  • A fraction
  • A point in 3D space

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