Which of the following is correct about a probability distribution?
A)The sum of all possible outcomes must equal 1.0.
B)The outcomes must be mutually exclusive.
C)The probability of each outcome must be between 0.0 and 1.0 inclusive.
D)All of these answers are correct.

Question

Quizplus · Accepted Answer

All of the choices are correct. A probability distribution represents the likelihood of all possible outcomes of a random variable, and it must follow these three rules: 1) the sum of all possible outcomes must equal 1.0, 2) the outcomes must be mutually exclusive and 3) the probability of each outcome must be between 0.0 and 1.0 inclusive.

Which of the Following Is Correct About a Probability Distribution