Probability is a measure of the likelihood or chance that a particular event will occur. It is quantified as a number between 0 and 1, where 0 indicates that the event will not occur, and 1 indicates certainty that the event will occur. In mathematical terms, the probability of an event is calculated as the ratio of the number of favorable outcomes to the total number of possible outcomes. For example, in rolling a fair six-sided die, the probability of rolling a 4 is 1/6, as there is one favorable outcome (rolling a 4) out of six possible outcomes. This is an MCQ on Probability and Statistics with Answers and Explanations. You can Download the questions as PDF from the result page of the quiz.

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