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Earn +20 ptsQ: How is an outcome different than a favorable outcome?
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Dose negotiation always lead to a favorable outcome?
not all negotiations lead to favorable outcomes.
What is the difference between a favourable outcome and a possible outcome?
A favorable outcome refers to a specific result that is considered desirable or advantageous in a given situation. On the other hand, a possible outcome is any potential result that could occur, regardless of desirability. In probability theory, the likelihood of a favorable outcome is often calculated by dividing the number of favorable outcomes by the total number of possible outcomes.
What percentage of your fate is determined by luck?
Zero percent. Luck is what we call a set of circumstances that have a favorable outcome.
Can the probability of an outcome be more than 1?
No, the probability of an outcome can't be more than 1.
A die is thrown once what probability that it is a six?
It is 1/6. (It is just the same if the favorable outcome is 1,2,3,4 or 5, provided that it is a fair dice.)
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