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BESC 3010 chapter 4 Questions and Answers | Latest Update | 2024/2025 | Rated A+ $9.71   Add to cart

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BESC 3010 chapter 4 Questions and Answers | Latest Update | 2024/2025 | Rated A+

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BESC 3010 chapter 4 Questions and Answers | Latest Update | 2024/2025 | Rated A+ What does a probability of 1 indicate? A probability of 1 means the event is certain to occur. What is the intersection of events, and how is it different from the union? The intersection of events is the s...

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  • November 4, 2024
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BESC 3010 chapter 4 Questions and
Answers | Latest Update | 2024/2025 |
Rated A+
What does a probability of 1 indicate?


✔✔A probability of 1 means the event is certain to occur.




What is the intersection of events, and how is it different from the union?


✔✔The intersection of events is the set of outcomes where all events happen, while the union is

the set of outcomes where at least one event occurs.




What is a tree diagram in probability?


✔✔A tree diagram is a visual representation of possible outcomes of an event sequence, showing

paths and their probabilities.




What is the probability of drawing an ace from a standard deck of cards?


✔✔The probability is 4 out of 52, or about 0.077, since there are four aces in a 52-card deck.




Explain why probabilities are always between 0 and 1.


1

, ✔✔Probabilities represent likelihoods, so they range from 0 (impossible) to 1 (certain), covering

all possible chances of occurrence.




What does it mean to have an outcome space in probability?


✔✔The outcome space, or sample space, is the collection of all possible results for an

experiment, used to calculate probabilities.




How can conditional probability change based on new information?


✔✔Conditional probability is updated based on new information, which can increase or decrease

the likelihood of the event occurring.




What is the probability of rolling an even number on a six-sided die?


✔✔The probability is 3 out of 6, or 0.5, since there are three even numbers (2, 4, and 6) on a six-

sided die.




How is probability used to measure uncertainty?


✔✔Probability quantifies uncertainty by assigning a likelihood to different possible outcomes,

helping to predict and make decisions in uncertain situations.




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