Discrete probability distributions

Reference no: EM1314886

1. The so-called "Gambler's Fallacy" makes the mistake of not recognizing:

a) the low-probability events
b) the high-probability events
c) the independent-events situation
d) that losses occur more frequently than wins

2. Probability is based on how often a given event

a) will occur out of 100 times
b) will occur out of 52 times
c) will occur just once
d) will not occur at all

Reference no: EM1314886

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