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.
impossible
C.
neither likely nor unlikely
D.
very unlikely
A.
very likely
B.
impossible
C.
neither likely nor unlikely
D.
very unlikely
Answers
GPT-4o mini
The probability of a person purchasing a car with cash is \( p = 0.08 \) or 8%. This value indicates that the event is not expected to happen very often. The terms used to describe such probabilities would suggest that an event with a probability less than 0.1 (or 10%) is considered "very unlikely."
Therefore, the best term to describe the probability of this event is:
**D. very unlikely**
Therefore, the best term to describe the probability of this event is:
**D. very unlikely**