Basic concepts involved in Probability.
1. Categorize the statement as an example of classical probability, empirical probability, or subjective probability. The probability that a train would be in an accident on a specific route is 1%.
A) Subjective probability
B) Empirical probability
C) Classical probability
2. Organize the statement as an example of classical probability, empirical probability, or subjective probability. The probability that interest rates will rise during the summer is 0.05.
A) Empirical probability
B) Subjective probability
C) Classical probability
3. Organize the statement as an example of classical probability, empirical probability, or subjective probability. The probability that a newborn baby is a boy is ½.
A) Classical probability
B) Subjective probability
C) Empirical probability
4. Which of the following cannot be a likelihood?
A) 0.001
B) 0
C) -87
D) 87
5. Which of the following cannot be a possibility?
A) 0.0002
B) 1
C) 4/3
D) 85%
6. Describe why the following statement is incorrect:
He gave 110% effort.
7. Classify the events as dependent or independent. Events A and B where P (A) = 0.7, P (B) = 0.8, and P (A and B) = 0.56
A) Independent
B) Dependent
8. Make out the sample space of the probability experiment: shooting a free throw in basket ball.
9. Recognize the sample space of the probability experiment: determining the children's gender for a family of three children (Use B for boy and G for girl.)
10. Classify the sample space of the probability experiment: rolling a single 12-sided die with sides numbered 1-1