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 probability of a person purchasing a car with cash is \( p = 0.08 \), which is 8%. This suggests that the event is relatively rare.
Based on the probabilities:
- A probability of 0 implies the event is impossible.
- A probability of 1 implies the event is certain.
- Probabilities less than 0.5 typically indicate that the event is unlikely.
Since 0.08 is much less than 0.5, it is reasonable to describe this event as **very unlikely**.
Therefore, the best term to describe the probability of this event is:
**B. very unlikely**
Based on the probabilities:
- A probability of 0 implies the event is impossible.
- A probability of 1 implies the event is certain.
- Probabilities less than 0.5 typically indicate that the event is unlikely.
Since 0.08 is much less than 0.5, it is reasonable to describe this event as **very unlikely**.
Therefore, the best term to describe the probability of this event is:
**B. very unlikely**