- #1
Dwolfson
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When Probability is strictly less than should I compute something like P(X<1) as:
1-P(X<1)[tex]^{c}[/tex] = 1-P(X[tex]\geq[/tex]1)
Thanks,
D
1-P(X<1)[tex]^{c}[/tex] = 1-P(X[tex]\geq[/tex]1)
Thanks,
D
Dwolfson said:When Probability is strictly less than should I compute something like P(X<1) as:
1-P(X<1)[tex]^{c}[/tex] = 1-P(X[tex]\geq[/tex]1)
Thanks,
D
When probability is strictly less than 1, it means that the event in question has a less than 100% chance of occurring. This could also be expressed as a probability of 0 to 0.99.
Probability is determined by calculating the ratio of the number of favorable outcomes to the total number of possible outcomes. If this ratio is less than 1, then the probability is considered to be strictly less than 1.
Some examples of events with a probability strictly less than 1 include rolling a 6 on a standard six-sided die, drawing a red card from a deck of cards, or flipping a coin and getting heads.
When probability is strictly less than 1, there is still a chance that the event may not occur. However, when probability is equal to 1, the event is certain to occur.
No, probability cannot be negative or greater than 1. Probability is always expressed as a value between 0 and 1, where 0 represents impossibility and 1 represents certainty.