Probability Concepts Review

Front

The chance of flipping a tail on a normal coin is equally as likely as flipping a head.

Back

True

Front

An event with a probability of zero is called what?

Back

Impossible

Front

What is an event that will happen or has a probability of 1?

Back

Certain

Front

What is the measure of the likelihood that an event will occur?

Back

Probability

Front

What are the possible results of an event called?

Back

Outcomes

Front

What is the probability of flipping a head on a fair coin?

Back

0.5 or 50%.

Front

If two events cannot happen at the same time, they are called what?

Back

Mutually exclusive.

Front

What is the term for the ratio of favorable outcomes to total outcomes?

Back

Odds.

Front

What is the probability of an event that is certain to happen?

Back

1 or 100%.

Front

What do you call a situation where all outcomes are equally likely?

Back

Uniform probability.