ECO154 Past Questions

ECO154

The result or set of results obtainable from an experiment is
Answer: outcome

What is P(AUB)?
Answer: p(a) + p(b) – p(anb)

Any collection of outcomes from a probability experiment is calledâ€|
Answer: event

If two events are such that one has no effect on the other, they are
Answer: independent

In a toss of a fair die, what is the probabilty that a 5 is rolled given that the die comes up odd?
Answer: 2/5

The ration of the number of expected outcome to the number of all possible outcome is
Answer: pprobability

If E is an event, h is possible ways E can occur and n is total possible ways. The pribility of E is
Answer: h/n

If E1 and e2 are two events, the probabilty that E2 occurs given that E1 has occurred is probability
Answer: conditonal

If P(A/B) = P(A), then event A is said to be
Answer: independent

is a process that can be repeated in which the result is uncertain
Answer: experiment

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