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Probability Model Terms
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Can you name the Probability Model Terms?
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SoxfanEB
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Definition
Term
Individual outcomes are uncertain, but there is a regular distribution of outcomes in a large number of repetitions.
The proportion of times an outcome of an event occurs in a long trial of repetitions…a long-term relative frequency
A list of all the possible outcomes of an event
The occurrence or happening in question
The end result of the event.
A mathematical description of a random phenomenon consisting of 2 parts: a sample space, S, and a way of assigning probabilities to events
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