Question

Match each type of event with its probability. Unlikely event, 10greater than 0 and less than 0.50.5greater than 0.5 and less than 1Neither likely nor unlikely event likely event

Answer 1

Unlikely = greater Than 0 ; less than

Likely = greater than 0.5 ; less than 1

Neither likely nor unlikely = 0.5

Explanation:

Probability values usually range between standardized values between 0 and 1. With values closer to 1 depicting greater possibilities of an event. Probability value of zero means certain and probability value of 0 zero means.impossible.

Using this standardized values :

An unlikely event is more of not occurring than occurring (that is the event has higher chances of not happening) ;

Hence; We can categorize unliky events to range from below the mid value to greater Tha.n 0

Unlikely event : greater Than 0 ; less than 0.6

Events with probability above the mid value of 0.5 have higher chances of occurring (greater likelihood) hence, Probability is greater than 0.5 but less than 1.

Neither likely nor unlikely event will take the boundary point between likely and unlikely = 0.5