True or false: Probability is a measure of the likelihood an event will occur.

If the probability of an event is equal to 1, What must be true about the event?Group of answer choicesThe probability of the event happening and the probability of the event not happening are the same.The event is unlikely but not impossible.The event is impossible.The event is probable but not certain.The event is certain.

True or false: The probability that A occurs given that B has occurred is derived as P(A∣B)=P(A∩B)/P(B)True false question.TrueFalse

Risk is often presented as ________, which is a measure of the statistical likelihood that something will occur.A.possibilityB.chanceC.dataD.probability

Which of the following is a true statement? A. With probability, larger numbers indicate greater likelihood. B. With probability, smaller numbers indicate equal likelihood. C. With probability, smaller numbers indicate greater likelihood. D. With probability, larger numbers indicate equal likelihood.

Probability is used to develop knowledge of the fundamental mathematical tools for quantitatively assessing risk?Select one:a.True.b.False.