College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN: 9781305652231
Author: R. David Gustafson, Jeff Hughes
Publisher: Cengage Learning
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Concept explainers

Addition Rule of Probability
It simply refers to the likelihood of an event taking place whenever the occurrence of an event is uncertain. The probability of a single event can be calculated by dividing the number of successful trials of that event by the total number of trials.
Expected Value
When a large number of trials are performed for any random variable ‘X’, the predicted result is most likely the mean of all the outcomes for the random variable and it is known as expected value also known as expectation. The expected value, also known …
Probability Distributions
Understanding probability is necessary to know the probability distributions. In statistics, probability is how the uncertainty of an event is measured. This event can be anything. The most common examples include tossing a coin, rolling a die, or choosi…
Basic Probability
The simple definition of probability it is a chance of the occurrence of an event. It is defined in numerical form and the probability value is between 0 to 1. The probability value 0 indicates that there is no chance of that event occurring and the prob…
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A customer wants to buy a drink at a restaurant. The restaurant offers 5 different types of soft drink, 3 different types of juice, 3 different types of tea, and 2 different types of coffee.

What is the number of total outcomes and how many different events are possible?

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