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What does complement mean in probability?
The complement of an event occurring is that it does not occur.
What does less probable mean?
n event A is said to be less probable than an event B if the probability of A occurring is smaller than that of B occurring.
What does the probability of 0.618 mean?
It means that there is a 61.8% chance of the event occurring.
What does probability mean statistically?
It is the likelihood of any particular event occurring.
What is the probability of an event occurring within 5 standard deviations from the mean?
The probability of an event occurring within 5 standard deviations from the mean is extremely rare, as it falls outside the normal range of outcomes.
Probability of event occurring to it not occurring?
p/(1-p) The sum of the probability of an event occurring plus it not occurring equals 1.
What does the math term Chance mean?
Chance is another word for the probability of an event occurring.
What is the probability of an event not occurring if the probability of an event occurring is 20 percent?
80%
The likelihood of an event occurring?
The likelihood of an event occurring is known as the probability of occurrence. This can be calculated based on previous patterns and other factors.
What is the probability of an event occurring to the probability that will not occur?
If the event in question is A and the probability of A occurring is P(A), then the probability of A not occurring is P(A')=1-P(A).
The probability of event A occurring given event B has occurred is an example of?
The probability of event A occurring given event B has occurred is an example of conditional probability.
What compares the probability of an event occurring to the probability that it will not occur?
If the probability of an event occurring is p, then 1-p represents the probability of the same event not occurring. The value of p must lie between 0 and 1.
