A probability distribution is an equation that
A)associates a probability of occurrence with each outcome.
B)measures outcomes and assigns values of X to the simple events.
C)assigns a value to the variability of the set of events.
D)assigns a value to the center of the set of events.

Question

Quizplus · Accepted Answer

A probability distribution associates a probability of occurrence with each possible outcome. This allows us to understand the likelihood of each outcome, which is important for making decisions and predictions in various fields such as statistics, finance, and engineering.

A Probability Distribution Is an Equation That