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Earn +20 ptsQ: What is the first number in a probability ratio?
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What is the probability ratio?
Probability is a measure of the likelihood of a given event and is a number in the range [0, 1]. That value, if expressed as a ratio, is a probability ratio. It can also be expressed as a percentage or a decimal fraction.
What is another name for Experimental Probability?
Another name for experimental probability is empirical probability. This is the ratio of the number of outcomes in which a specified event occurs to the total number of trials.
What is the definition of empirical probability?
the ratio of the number favorable outcomes to the total number of trials.
Was the outcome of getting heads or tails in the 20 tosses same as the probability ratio?
It depends on what variable the probability ratio was for! The random variable could have been the number of heads minus the number of tails, for example.
What is the ratio of the number of favorable outcomes to the total number of possible outcomes?
Odds in Favor ^Wrong..It's theoretical probability.
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