Learn definition of probability MCQs, business statistics test for online learning courses, test prep to practice test. Introduction to probability quiz has multiple choice questions (MCQ), definition of probability quiz questions and answers, types of events, relative frequency, multiplication rules of probability, definition of probability tutorials for online types of measurement courses distance learning.

Business statistics practice test MCQ: measure of chance of an uncertain event in form of numerical figures is classified as with choices probability , variability, durability and likelihood for career test, online study and distance learning online preparation for online university courses. Free study guide is for online learning definition of probability quiz with MCQs to practice test questions with answers.

MCQ: Measure of chance of an uncertain event in form of numerical figures is classified as

1. probability
2. variability
3. durability
4. likelihood

A

MCQ: Approach in probability in which all outcomes from an experiment are equally likely to occur or are mutually exclusive is called

1. durable approach
2. permanent approach
3. temporary approach
4. classical approach

D

MCQ: If a coin is tossed one time then probability of occurrence of heads is

1. 1⁄2
2. 1⁄1
3. 2⁄1
4. 2⁄2

A

MCQ: Number of favorable occurrences are divided by total number of possible occurrences to calculate

1. probability of an event
2. total outcomes of an event
3. sample space of experiment
4. none of above

A