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Q. What is the smallest and largest value for a probability?
1 Answer. The range for probability of an event’s occurrence is from 0 i.e. no chance of event happening, to 1 i.e. event certain to occur. Hence, the largest value of an event’s occurrence is 1 .
Q. What is Max in statistics?
Now we turn to the maximum. This number is the data value that is greater than or equal to all other values in our set of data. If we were to order all of our data in ascending order, then the maximum would be the last number listed. The maximum is a unique number for a given set of data.
Q. What is the sum of probabilities of an event and its complementary event?
A mutually exclusive pair of events are complements to each other. For example: If the desired outcome is heads on a flipped coin, the complement is tails. The Complement Rule states that the sum of the probabilities of an event and its complement must equal 1, or for the event A, P(A) + P(A’) = 1.
Q. What is the smallest P A and B can be?
If probability of one event is 0.4, probability of both occurring can certainly not be more than 0.4. Minimum value of P(A and B): To find the minimum value of P(A and B), consider that any probability cannot exceed 1, so the maximum P(A or B) is 1.
Q. What is the greatest possible probability in an experiment?
The highest possible probability an outcome might have is 1. If P(event)=1, the even does happen. Probabilities range between 0 and 1, inclusive.
Q. What is another way to describe an event with a probability of 0?
An event with a probability of zero [P(E) = 0] will never occur (an impossible event). An event with a probability of one [P(E) = 1] means the event must occur (a certain event). An event with a probability of 0.5 [P(E) = 0.5] is sometimes called a fifty-fifty chance event or an even chance event.
Q. What is the minimum and maximum value of probability of an event?
The maximum value of the probability of an event can be 1 and its minimum value can be 0.
Q. How do you calculate PA and B?
Formula for the probability of A and B (independent events): p(A and B) = p(A) * p(B). If the probability of one event doesn’t affect the other, you have an independent event. All you do is multiply the probability of one by the probability of another.
Q. How do you find the minimum possible value?
If you have the equation in the form of y = ax^2 + bx + c, then you can find the minimum value using the equation min = c – b^2/4a. If you have the equation y = a(x – h)^2 + k and the a term is positive, then the minimum value will be the value of k.
Q. What is the minimum point?
Minimum, in mathematics, point at which the value of a function is less than or equal to the value at any nearby point (local minimum) or at any point (absolute minimum); see extremum. …
Q. Where does the minimum or maximum value occur?
If the parabola opens up, the vertex (h, k) is the lowest point on the parabola. We say that k is the minimum functional value of f or the absolute minimum value of f. It occurs when x = h. If the parabola opens down, k is the maximum functional value of f or the absolute maximum value of f, and occurs when x = h.
