What is a sample space
the set of all possible outcomes
outcome is the result of the experiment
What is a trial
Repetitionfrom a random experiment
Random experiment
Has outcomesthat we cannot predict
Experiments involvechanceor random results
Probability
Refers to a num...
QMB 3003 EXAM 2 QUESTIONS AND ANSWERS 2024 What is a sample space - answer the set of all possible outcomes outcome is the result of the experiment What is a trial - answer Repetitionfrom a random experiment Random experiment - answer Has outcomesthat we cannot predict Experiments involvechanceor random results Probability - answer Refers to a numberthat indicates the degree of likelihood ... ◦that some future event will have a particular outcome Larger number -more likely Smaller number -less likely sample point - answer Each elementof the sample space ◦also called "simple outcome" What is an event - answer A subset of a sample space.
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