Wgu probability - Study guides, Class notes & Summaries

WGU Academy Statistics Which of the following is true regarding a probability of an event P(A)? - ANS 0≤P(A)≤1 The probability of an event can any number between 0 and 1, including 0 and 1. In other words, the probability of an event cannot be more than 1 or less than 0. Which of the following represents the probability of an event that is more likely not to occur than it is to occur, but would not be unusual for it to occur? - ANS 0.32 1250 randomly chosen in...

Population - The entire group that is the target of interest, not just people. Eg, "the population of 1 bedroom apartments" Sample - A subgroup of the population. Eg, "the 1 bedroom apartments with dishwashers." Steps in the statistics process - 1. PRODUCE DATA (by studying a sample of the population) 2. EXPLORATORY DATA ANALYSIS (Summarize data.) 3. PROBABILITY ANALYSIS (Determine how the sample may differ from the population.) 4. INFERENCE (draw conclusions) Data - pieces of info ab...

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WGU C955 - Module 7: Probability Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A