Which of the following statements regarding probability is always correct? A) A probability can range from 0 to 1 . B) A probability close to 0 means the event is not likely to happen. C) A probability close to 1 means the event is likely to happen. D) all of the above are correct.
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Beyond the Answer
All of the statements provided about probability are indeed correct! The probability of an event is defined as a number between 0 and 1, where 0 indicates an impossible event and 1 indicates a certain event. Hence, if a probability is close to 0, it suggests that the event is unlikely to occur, while a probability close to 1 indicates a strong likelihood that the event will happen. This foundational concept is essential in the fields of statistics, gambling, and risk assessment. Understanding these principles can be incredibly useful in everyday life, from calculating the odds of your favorite team winning a game to making informed decisions in uncertain situations. For instance, if there's a 70% chance of rain tomorrow, you might want to grab an umbrella before heading out! Engaging with these scenarios helps demystify probability and highlights its relevance in daily decision-making.