What Is a Listing of All Possible Outcomes of an Experiment

question 43

Multiple Choice

What is a listing of all possible outcomes of an experiment and their corresponding probability of occurrence called?

• A) Random variable
• B) Probability distribution
• C) Subjective probability
• D) Frequency distribution

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Definitions:

Common Stock

Equity ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends or stock appreciation.

Consumption Tax

A tax on the purchase of goods or services, levied at the point of sale.

Ad Valorem Tax

A tax based on the assessed value of an item, such as real estate or personal property, commonly used in property taxes.

Excise Tax

A tax imposed on the sale or use of specific products or services, often included in the price of the item.