What is the principle of equally likely outcomes?
- All outcomes are equally probable
- All outcomes are identical
- All outcomes are independent
- All outcomes are mutually exclusive
The principle of equally likely outcomes is a basic assumption in the classical definition of probability. It states that if an experiment has n outcomes, and there's no reason to believe that any one outcome is more likely than any other, then each outcome is assumed to have an equal probability of 1/n. For example, in tossing a fair coin, heads and tails are equally likely.
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