BUAL 2600 EXAM 2 GUPTA QUESTIONS AND ANSWERS 2024/2025
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Course
BUAL 2600
Institution
BUAL 2600
_____ is a measure of the chance that an uncertain event will occur
→ probability
if events a & b are independent, then the probability of simultaneous occurrence of event A
and event B can found with
→ all of the above
the set of all possible outcomes for an experiment is called a
→ s...
BUAL 2600 EXAM 2 GUPTA QUESTIONS
AND ANSWERS 2024/2025
a _____ is a measure of the chance that an uncertain event will occur
→ probability
if events a & b are independent, then the probability of simultaneous occurrence of event A
and event B can found with
→ all of the above
the set of all possible outcomes for an experiment is called a
→ sample space
a ______ is the probability that one event will occur given that we know another event
already has occurred
→ conditional probability
P(AUB)= P(A)+P(B)-P(A^B) represents the formula for the
→ addition rule
a probability may be interpreted as a long-run _____ frequency
→ relative
the simultaneous occurrence of events A and B is represented by the notation
→ A^B
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