The Set of Probabilities for All Possible Occurrences

question 1

Multiple Choice

The set of probabilities for all possible occurrences.

• A) probability
• B) probability distribution
• C) stock market bubble
• D) market probabilities

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Definitions:

Repeats Of The Experiment

The multiple performances of an experimental procedure to verify the initial results and to reduce the impacts of random errors.

Defective Parts

Refers to the components or items that do not meet the quality standards or specifications and are unfit for use.

Production Process

The series of steps involved in the creation of a product, from raw materials to the final product.

Probability

A measure of the likelihood that a particular event will occur, expressed as a number between 0 and 1.