The probability of an outcome
A)is the number of times that the outcome occurs in the long run.
B)equals M × N, where M is the number of occurrences and N is the population size.
C)is the proportion of times that the outcome occurs in the long run.
D)equals the sample mean divided by the sample standard deviation.

Question

Quizplus · Accepted Answer

The probability of an outcome is defined as the proportion of times that the outcome occurs in the long run. Option A is incorrect because the number of times an outcome occurs in the long run can vary and is not necessarily equal to the probability. Option B is incorrect because it assumes a population size, which is not necessarily relevant to the calculation of probability. Option D is incorrect because the sample mean and standard deviation may not accurately reflect the true probability of an outcome in the population.

The Probability of an Outcome