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 unlikely
B.
neither likely nor unlikely
C.
very likely
D.
impossible
A.
very unlikely
B.
neither likely nor unlikely
C.
very likely
D.
impossible
Answers
GPT-4o mini
The probability of a person purchasing a car with cash is given as \( p = 0.08 \). This means there is an 8% chance of this event occurring.
In terms of probability descriptors:
- "very unlikely" is typically used for probabilities significantly less than 0.5.
- "neither likely nor unlikely" is usually for probabilities around 0.5.
- "very likely" refers to probabilities closer to 1.
- "impossible" indicates a probability of 0.
Since 0.08 is relatively low, the best choice in this context is:
**A. very unlikely**
In terms of probability descriptors:
- "very unlikely" is typically used for probabilities significantly less than 0.5.
- "neither likely nor unlikely" is usually for probabilities around 0.5.
- "very likely" refers to probabilities closer to 1.
- "impossible" indicates a probability of 0.
Since 0.08 is relatively low, the best choice in this context is:
**A. very unlikely**