............., which measures the likelihood that an event will occur, is an important part of statistics

In inferential statistics, we make decisions under conditions of certainty

is a process that, when performed, results in one and only one of many observations

These observations are called the … of the experiment.

The collection of all outcomes for an experiment is called a …

The sample space for an experiment can also be illustrated by drawing

is a collection of one or more of the outcomes of an experiment

Simple Event : is a collection of more than one outcome for an experiment

An event that includes one and only one of the (final) outcomes for an experiment

is a numerical measure of the likelihood that a specific event will occur

Σ p(Ei) = …..

rule is applied to compute the probabilities of events for an experiment for which all outcomes are equally likely.

P(A) = f/n

The probability that a randomly selected family owns a home

Subjective probability is the probability assigned to an event based on subjective judgment, experience, information, and belief

is the probability of a single event without consideration of any other event

Marginal probability is also called simple probability

Events that cannot occur together are said to be ….