Probability is based on ____

Every member of the population having the same chance of being selected

When do we calculate standard error?

When we are comparing a sample to a population

What is gambler's fallacy?

The belief that past events influence future outcomes in independent events

What is a probability distribution?

The probability of every event in a population

What is a representative sample?

A sample that accurately reflects the characteristics of the population

What is a sampling error?

The difference between the sample statistic and population parameter

The probability of an event is equal to ____

The event's relative frequency in the population

The likelihood of an event occurring

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Answers

1
Probability is based on ____
The number of possible outcomes in a population
Every member of the population having the same chance of being selected
The historical frequency of events occurring
The order in which selections are made
2
What is the range of the possible values when calculating probability?
between 1 and 100
between 0 and 1
between 0 and 0.1
between -1 and 1
3
When do we calculate standard error?
When the standard deviation is a prime value.
When we are comparing a sample to a population
When we are doing any statistics problem.
4
What is gambler's fallacy?
The belief that past events influence future outcomes in independent events
The belief that all outcomes in a game are equally likely
The tendency to choose risky bets for higher rewards
The strategy of increasing bets after a loss to guarantee a win
5
What is a probability distribution?
The range of possible outcomes in an event
The probability of every event in a population
The average outcome of all possible events in a population
The number of trials conducted in an experiment
6
What is a representative sample?
A sample that includes only the extreme values of the population
A sample that accurately reflects the characteristics of the population
A sample that is larger than the entire population
A sample taken from a random selection of people
7
What is a sampling error?
The error made when measuring the same sample multiple times
The difference between the sample statistic and population parameter
The bias introduced by researchers when selecting a sample
The process of randomly selecting participants for a study
8
The probability of an event is equal to ____
The event's relative frequency in the population
The number of times the event has happened in the past
The total number of possible outcomes in the population
The time it takes for the event to occur
9
Probability is ____
The frequency of an event happening over time
The number of possible outcomes in an event
The likelihood of an event occurring
The time it takes for an event to happen

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