Contingencies That Are Reasonably Possible Have a Greater Chance of Occurring

question 193

True/False

Contingencies that are reasonably possible have a greater chance of occurring but are not likely.

---

Definitions:

Confidence Interval

An interval estimate derived from a sample that is likely to cover an unknown population parameter with a specified level of confidence.

Proportion

A statistical measure expressing the part of a whole, often presented as a fraction, decimal, or percentage.

Confidence Interval

An assembly of numerical values, generated from sample data, aimed at including the unexposed value of a population parameter.

Variance

A statistical measure that represents the degree to which a set of numbers are spread out, calculated as the average of the squared differences from the Mean.