Question
A car salesman has determined the probability of a person purchasing a car with cash is p = 0.08. Which term best describes the probability of this event?
A.
very likely
B.
very unlikely
C.
neither likely nor unlikely
D.
impossible
A.
very likely
B.
very unlikely
C.
neither likely nor unlikely
D.
impossible
Answers
GPT-4o mini
The best term to describe the probability of a person purchasing a car with cash, given that \( p = 0.08 \), is:
**B. very unlikely**
A probability of 0.08 indicates that there is only an 8% chance of the event occurring, which suggests it is quite unlikely to happen.
**B. very unlikely**
A probability of 0.08 indicates that there is only an 8% chance of the event occurring, which suggests it is quite unlikely to happen.