How probable is it? Someone computes the probabilities of several events. The probabilities are listed below. Select the best verbal description for each probability. Part 1 of 8 (a) The probability 0.88 indicates that (Choose one) . Part 2 of 8 (b) The probability 0.01 indicates that (Choose one) . Part 3 of 8 (c) The probability 0.17 Indicates that \( \square \) (Choose one) . Part 4 of 8 (d) The probability 1.00 indicates that \( \square \) (Choose one) .
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Beyond the Answer
(a) The probability 0.88 indicates that there is a very high likelihood that the event will occur. It suggests that out of 100 occurrences, we can expect the event to happen approximately 88 times. (b) The probability 0.01 indicates that there is a very low chance of the event occurring. In this case, one might expect the event to happen only once out of 100 occurrences, making it quite rare. (c) The probability 0.17 indicates that there is a moderate chance of the event occurring. It implies that in 100 trials, you could expect the event to happen about 17 times, which is a noticeable but not overwhelming frequency. (d) The probability 1.00 indicates that the event is certain to occur. This means that if we were to conduct the experiment infinitely, it would happen every single time without fail—no ifs, ands, or buts!