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Earn +20 ptsQ: What is dichotomous outcome?
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What is dichotomous data in statistics?
Dichotomous data are data from outcomes that can be divided into two categories (e.g. dead or alive, pregnant or not pregnant), where each participant must be in one or other category, and cannot be in both.
What is the difference between an outcome and a favorable outcome?
An outcome is any result or consequence, good or bad, desired or undesired. A favorable outcome is the desired consequence. Your right but you should giva an example like i rolled a number six and my favorable outcome is i would like to rool a two.
What is the Possible result of a probability event called?
It Is Called An Outcome :) ( YOur Welcome)
What is the sum of the probabilities of each outcome multiplied by the outcome value?
expected value
What is the event in which the outcome of one event does not influence the outcome of the other event?
Independent events.
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