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When looking at 2 possible events how do you calculate the probability?
are they dependent or independent? define success and failure for the 2 events. probability of success (EX: drawing a face card) = number of possible successes / total possible events. Multiply the two separate probabilities to get the probability that both occur.
What the mean of unliquidated?
1.The possibility of an obligation to pay certain sums dependent on future events. 2.defined obligation by a company that must be met,but the probability of payments is minimal.
What is the probability of flipping no heads when you flip three identical coins?
The probability of flipping one coin and getting tails is 1/2. In order to find the probability of multiple events occurring, you find the product of all the events. For 3 coins the probability of getting tails 3 times is 1/8 because .5 x .5 x .5 = .125 or 1/8.
Why do complementary events always have a probability of one?
If an event is absolutely certain to happen is then we say the probability of it happening is 1.Complementary events are such that one of the events musthappen. Therefore the probability of one of a set of complementary events occurring is 1.For instance : The probability that a fair coin when tossed will come down showing heads is 1/2, and that it will show tails is also 1/2.The two events are complementary so the probability that the coin toss will result in either a heads or a tails is 1.Similarly, the probability that a die when rolled will show a number 1, 2, 3, 4, 5 or 6 is 1 as all six events are complementary.
What is Probability of Flipping a coin five times in a row and having it land on heads?
The probability of getting a heads on the first flip is 1/2. Similarly, the probability on each subsequent flip is 1/2, since they are independent events. The probability of several independent events happening together is the product of their individual probabilities.
