Solved

Which of the Following Is Correct About a Probability Distribution

Question 37

Multiple Choice

Which of the following is correct about a probability distribution? (i) Sum of all possible outcomes must equal 1.
(ii. Outcomes must be mutually exclusive.
(iii) Probability of each outcome must be between 0 and 100 inclusive.


A) (i) , (ii) , and (iii) are all correct statements.
B) (i) is a correct statement but not (ii) or (iii) .
C) (i) and (ii) are correct statements but not (iii) .
D) (ii) and (iii) are correct statements but not (i) .
E) (i) , (ii) , and (iii) are all false statements.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions