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What does fair means in probability?
From a probability perspective fair means equal probability.
What does fair mean from a probability perspective?
From a probability perspective fair means equal probability.
Is probability always positive?
The value of a probability is a number between 0 and 1 So it's either positive and less or equal to one or null
Can the probability of an outcome be 1?
Yes, it certainly can if there is only one possible outcome. For instance, the probability of drawing a red ball from a bag containing nothing but red balls is equal to one.
How does one find the probability of A given B compliment?
P(A given B')=[P(A)-P(AnB)]/[1-P(B)].In words: Probability of A given B compliment is equal to the Probability of A minus the Probability of A intersect B, divided by 1 minus the probability of B.
What is the differences between equal probability and equal width in measurement?
One is a measure of probability, the other is a measure of width! And neither is the same as equal age, or equal loudness!One is a measure of probability, the other is a measure of width! And neither is the same as equal age, or equal loudness!One is a measure of probability, the other is a measure of width! And neither is the same as equal age, or equal loudness!One is a measure of probability, the other is a measure of width! And neither is the same as equal age, or equal loudness!
Can probability be equal to one?
Yes. It is when something is certain to happen.
What does fair means in probability?
From a probability perspective fair means equal probability.
What does fair mean from a probability perspective?
From a probability perspective fair means equal probability.
What is a biased coin in probability?
Probability of getting a head or tail is not equal
What is the event if the probability will equal 1?
It is the probability of an event that will definitely happen.
Is probability always positive?
The value of a probability is a number between 0 and 1 So it's either positive and less or equal to one or null
Can the probability of an outcome be 1?
Yes, it certainly can if there is only one possible outcome. For instance, the probability of drawing a red ball from a bag containing nothing but red balls is equal to one.
What does total probability equal?
For any particular trial, the total probability is 1.
How does one find the probability of A given B compliment?
P(A given B')=[P(A)-P(AnB)]/[1-P(B)].In words: Probability of A given B compliment is equal to the Probability of A minus the Probability of A intersect B, divided by 1 minus the probability of B.
If 20 percent of people who enter store buy something and 3 people enter what is the probability of at least one sale?
The probability of at least one event occurring out of several events is equal to one minus the probability of none of the events occurring. This is a binomial probability problem. Go to any binomial probability table with p=0.2, n=3 and the probability of 0 is 0.512. Therefore, 1-0.512 is 0.488 which is the probability of at least 1 sale.
What is a sum in probability?
The sum of the probability of success and the probability of failure had better equal 1.00 (100%) or an error has been committed.
