Discuss the below:
1. There is a 20% probability of rain tomorrow means that:
a. Tomorrow it will be raining during 0.2 of the day, and the rest of the day it will be clear.
b. Out of the next 5 days, one day it will be raining.
c. According to the records, if a weather like one we have today occurred in the past, then 20% of cases it was raining on the next day.
What is wrong?
2. You brought 10 lottery tickets. One of them won prize. That means probability of winning a prize is 1/10.
True or False?
3. In a lottery, the more tickets you buy, the more chance you have to win the prize(s).
True or False?
4. If you have 3 suits, 10 shirts, and 12 neckties, you can come to work each time in a different outfit during the whole year.
True or False?