Question

Which THREE statements are correct when determining the likelihood of a chance event occurring?
Responses
A A probability of 1/2


means the event will more than likely occur.A probability of 1 2 means the event will more than likely occur.
B The closer the probability of a chance event is to 0, the less likely it is for the event to occur.The closer the probability of a chance event is to 0, the less likely it is for the event to occur.
C A chance event with a 0.95 probability of occurring is likely to occur.A chance event with a 0.95 probability of occurring is likely to occur.
D A chance event with a 0.35 probability is more likely to occur than an event with a 0.40 probability.A chance event with a 0.35 probability is more likely to occur than an event with a 0.40 probability.
E A chance event with a probability of 0.68 is more likely to occur than an event with a 0.55 probability.

Answer 1

The three correct statements regarding the likelihood of a chance event occurring are:

B. The closer the probability of a chance event is to 0, the less likely it is for the event to occur.

C. A chance event with a 0.95 probability of occurring is likely to occur.

E. A chance event with a probability of 0.68 is more likely to occur than an event with a 0.55 probability.

**Explanation**:
- **Statement A** is incorrect because a probability of 1/2 (or 0.5) means the event is just as likely to occur as not occur, not "more than likely."
- **Statement D** is incorrect because a probability of 0.35 is less likely to occur than a probability of 0.40; the higher the probability, the more likely the event is to occur.