Question

Probability theory provides a set of mathematical rules to assign probabilities to outcomes of random experiments, e.g., coin flips, packet arrivals, stock prices, neural spikes.

a. True
b. False

Answer 1

Answer: True

Explanation:

Probability theory, is a mathematical branch that has to do with how random phenomena are analysed. To solve for probability, one has to divide the number of events aggregate by the amount of possible outcomes.

We should note that the statement in the question regarding probability theory providing mathematical rules that are assigned probabilities to the outcomes of the random experiments is said to be true.