what is an outcome
In the context of probability and statistics, an outcome refers to a possible result or outcome of an event
In the context of probability and statistics, an outcome refers to a possible result or outcome of an event. When we conduct an experiment or perform a random trial, an outcome is a specific observation or value that could occur.
For example, consider flipping a fair coin. The possible outcomes in this case are usually classified as “heads” or “tails.” Each time the coin is flipped, it can result in either “heads” or “tails” as the outcome.
Similarly, if we roll a fair six-sided dice, the outcomes could be any of the numbers from 1 to 6. Each number represents a distinct outcome that could occur when rolling the dice.
It’s important to note that an outcome is a single observation, and events can have multiple possible outcomes. By considering all the possible outcomes, we can calculate probabilities and make predictions about the likelihood of specific outcomes occurring.
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