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#reading-9-probability-concepts
Mutually exclusive events can occur only one at a time. Exhaustive events cover or contain all possible outcomes.
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Summary
antity whose outcome is uncertain. Probability is a number between 0 and 1 that describes the chance that a stated event will occur. An event is a specified set of outcomes of a random variable. <span>Mutually exclusive events can occur only one at a time. Exhaustive events cover or contain all possible outcomes. The two defining properties of a probability are, first, that 0 ≤ P(E) ≤ 1 (where P(E) denotes the probability of an event E), and second, that the sum of the probabilit


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