Probability Concepts Review

What is an event that will happen or has a probability of 1?

• theoretical

• probability

• mutually exclusive

• certain

outcomes with the same chance of occurring

• mutually exclusive

• impossible

• equally likely

• independent

an event with a probability of zero

• impossible

• mutually exclusive

• outcome

• certain

The measure of the likelihood that an event will occur. The chance that an event will happen. A ratio of chance/all chances.

• odds

• probability

• outcomes

• tree diagrams

Possible results of an event

• outcomes

• compound event

• simple event

• probability

A set of all possible outcomes of one or more events. Ex. {1,2,3,4,5,&6}

• Independent Events

• outcome

• probability

• sample space

Probabilities are always between...

• 0 & 1 or 0% & 100%

• 0 & 100 or 0% & 1%

• 1 & 100

• 2 & 10

The chance of flipping a tail on a normal coin is equally as likely as flipping a head.

• True

• False

the outcome of the second event does not depend upon the outcome of the first event

• sample space

• dependent

• independent

• impossible

the outcome of the first event affects the outcome of the second event

• equally

• independent

• dependent

• certain