Name 1. A(n) is the result of a single trial of a probability experiment 2. The
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Question
Name 1. A(n) is the result of a single trial of a probability experiment 2. The set of all possible outcomes is the 3. A(n) is a set of outcomes in a probability experiment. 4. Theoretical probability, also called favorable outcomes to calculate the chance of an event occurring 5. If you are usin probability, uses sample spaces and number of e the number of observed outcomes to calculate probability, then you are using probability 6. The sum of probabilities of all outcomes in a sample space is 7. If an event can never occur then it has a probability of 8. The number of possible outcomes for flipping a coin twice i, out 9. True or false: the probability of event E can be 5? P(E)5. 10. The set of outcomes in a sample space which are not included in event E is called the of E, notated as E 11. If you roll a die once, what is the probability you will roll a 6? 12. If you flip 2 coins, what is the probability you will get 2 heads? 13. If you draw a card randomly from a standard deck of cards, what is the probability that it will be an Ace? 14. Classify each as an example of classic, empirical, or subjective probabilities. a. The probability that a person will watch the 6pm news is 0.15. b. The probability of winning a Chuck-a-Luck game is 5/36. c. The probability that interest rates will ise in the next 6 months is 0.50. d. The probability of getting a royal flush when five cards are selected at random is 1/64Explanation / Answer
Answers-
1) Outcome
2) Sample space
3) Event
4) Classical or A Priori probability
5) Classical probability
6) 1
7) 0
8) 4; (HH,HT,TH,TT)
9) False; Probability never be negative
10) Compliment
11) 1/6
12) 1/4; Outcomes (S) = {HH,HT,TH,TT} and the probability of getting two Heads is 1/4
13) 1/13; Since there are total 52 cards in a deck out of these, 4 cards are aces and hence getting probability of an ace cards out of 52 playing cards is 4/52 = 1/13
14) a) Empirical b) Classical c) Subjective d) Classical
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