Economy, asked by anindo8339, 10 months ago

What is calculated by multiplying each of the possible outcomes in the sample space with the likelihood of their occurrence, and then summing up all the values?

Answers

Answered by lovingheart
0

The probability of the occurrence of an event is calculated by multiplying each of the possible outcomes in the sample space with their occurrence and then finally summing up their values.

Explanation:

  • The probability of an occurrence of an event can be calculated trough analyzing the occurrence of each and every event in the given sample space.
  • The sum of all the probabilities of the events in the sample space will be equal 1 and using this concept, the individual probabilities can be calculated with the given data.
  • P(A)= n(E)/n(S),  where P(A) is the occurrence of event A, n(E) is the no: of favorable outcomes, and n(S) is the total number of events in the sample space.

To know more:

1) What is a formula of probability?

https://brainly.in/question/6966802.

2) What is a probability?

https://brainly.in/question/3061058

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