Which of the following statements are true?
Mark all that apply.
A. if P(A) is the pro...
Mathematics, 13.06.2021 15:40 glander2
Which of the following statements are true?
Mark all that apply.
A. if P(A) is the probability that event A will occur, the probability event A will not occur is
P(A) = 1 - P(A).
B. Expected Value is the average gain or loss of an event if the procedure is repeated many times.
C. if the odds for an event are 3 to 5, then the odds against that event are 5 to 3.
D. The probability of an impossible event is - 1.
E. If the Expected Value of a game is zero, we say that it is a 'fair game'
F. Expected Value is the actual gain or loss each time an event takes place.
G. The probability of an event that is certain is 0.
Answers: 3
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