8 - Probability Flashcards
1
Q
If events are both mutually exclusive and exhaustive what do they add up to?
A
1
2
Q
What is estimated probability another word for?
A
Relative frequency
3
Q
Show an inequality for if P(A) and P(B) are mutually exclusive but not exhaustive?
A
P(A) + P(B) < 1
4
Q
Show an inequality for if P(A) and P(B) are exhaustive but not mutually exclusive?
A
P(A) + P(B) > 1
