In probability, what does an outcome refer to?
- A confirmed hypothesis
- A result of a random experiment
- A result of a statistical analysis
- A successful event
In the context of probability, an outcome refers to a possible result of a random experiment. For example, if the experiment is tossing a coin, the possible outcomes are 'Heads' or 'Tails'. Each outcome is considered mutually exclusive, meaning only one outcome can occur at a time.
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