Experiment = the procedure; trial = the one run that happens.
1. Which statement best describes the axiom of non-negativity in probability?
2. What is subjective probability based on?
3. What best describes a random experiment?
Random experiment — definition?
A repeatable process with known outcomes.
Trial — role?
Single execution producing one result.
Sample space — what?
All possible outcomes of an experiment.
Outcome — what?
A specific result from the sample space.
Event — definition?
A set of outcomes relevant to a question.
Mutually exclusive — meaning?
Events that cannot occur together.
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