In a random experiment, the set of all possible outcomes is called: MCQ with Answer and Explanation

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In a random experiment, the set of all possible outcomes is called:

A. Trial

B. Event

C. Outcome set

D. Sample space

Answer: Option D

Solution (By JKExamLibrary)

Sample space is the collection of all elementary outcomes of an experiment.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error

In the context of attributes, the notation (Aβ) represents:

A. Number having A but not B

B. Number having A and B

C. Number not having A and not having B

D. Number not having A but having B

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Correct Answer: Option A

Explanation:
β means not B.

This question belongs to: Accountancy and Statistics Statistics

Question #2 Report Error

Primary data is collected:

A. From published sources

B. By the investigator for the first time for a specific purpose

C. From government reports

D. From old records

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Correct Answer: Option B

Explanation:
Primary data is original data gathered directly by the researcher for the current study.

This question belongs to: Accountancy and Statistics Statistics

Question #3 Report Error

In Bayes' theorem, the term 'likelihood' refers to:

A. P(A|B)

B. P(B|A)

C. P(A)

D. P(B)

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Correct Answer: Option B

Explanation:
Likelihood is the probability of the evidence given the hypothesis.

This question belongs to: Accountancy and Statistics Statistics

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