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Which statement best explains Probability?

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Question ID #26254 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC Statistics Sectional Test 2026 Medium

Which statement best explains Probability?

Correct Answer: A. Numerical measure between 0 and 1 describing likelihood of an event
Probability: Numerical measure between 0 and 1 describing likelihood of an event

Question: Which statement best explains Probability?

A. Numerical measure between 0 and 1 describing likelihood of an event

B. Variable whose numerical value depends on the outcome of a random experiment

C. Sum of observations divided by the number of observations

D. Subset selected from a population for study

Correct Answer: A. Numerical measure between 0 and 1 describing likelihood of an eventProbability: Numerical measure between 0 and 1 describing likelihood of an event

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Which statement best explains Probability? - MCQ Explanation

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Correct answer: A. Numerical measure between 0 and 1 describing likelihood of an event