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

Verified
Correct Answer:
Verified
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