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A set of events is said to be exhaustive if, between them, they cover all possible outcomes.

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Q: What does it mean for probability to be exhaustive?
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If two events are collectively exhaustive what is the probability that one or the other occurs?

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Is the probability of dialling two numbers the same time using the same phone exhaustive?

No, it is not. Furthermore, with ordinary phones, it is not even possible.


Define exhaustive events and what is it mean?

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What does fair mean from a probability perspective?

From a probability perspective fair means equal probability.


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Read the introduction to probability and probability measures at StatLect.com


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It means multiply, Probaility of A and B means probability of A multiplied by probability of B.


The mean of a binomial probability distribution can be determined by multiplying?

The mean of a binomial probability distribution can be determined by multiplying the sample size times the probability of success.


What does probability level mean?

The probability level for an outcome is the probability that the outcome was at least as extreme as the one that was observed.


What is the significance of the mean of a probability distribution?

The significance of the mean of a probability distribution is that it is the most probably thing to happen. The mean is the average of a set of values. If it is the average of a probability distribution, it is the most probable part.


What does probability of employment mean?

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What does dependent probability mean?

Dependent probability is the probability of an event which changes according to the outcome of some other event.


What does empirical probability mean?

It is the probability of an event calculated from repeated trials of an experiment.