A Listing of All the Possible Outcomes from an Experiment

question 18

Multiple Choice

A listing of all the possible outcomes from an experiment using set notation is called the:

• A) experimental outcome list.
• B) event.
• C) sample space.
• D) sample point.

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Definitions:

Merchandise

Goods or products that are bought and sold in retail or wholesale in the business.

Sales Discounts

Reductions in the selling price offered to customers, often as an incentive to encourage prompt payment.

Cash Discount

A deduction from the total amount on an invoice allowed by a vendor to encourage prompt payment.

Accounts Receivable

The money owed to a business by its clients for goods or services delivered but not yet paid for.