Negative values, values greater than 1, complex values.
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In a week the prices of a bag of rice were 350,280,340,390,320,310,300. The range is
The value of 4800 is 4800 and probability has nothing to do with it.
The probability is 0.
Probability value can only be real number between 0 to 1, therefore, it cannot be greater than 1 or less than 0 or a complex number.
Nothing actually happens! You just get a value that is very unlikely but still possible. That it is possible is evidenced by the fact that the value was observed.
Yes- the highest probability value is the mode. Let me clarify this answer: For a probability mass function for a discrete variables, the mode is the value with the highest probability as shown on the y axis. For a probability density function for continuous variables, the mode is the value with the highest probability density as shown on the y-axis.