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CMP: What Do You Expect?

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
counting tree   A diagram used to determine the number possible outcomes in a probability situation.  
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equally likely events   Two or more events that have the same probability of occurring.  
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event   A set of outcomes.  
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expected value   The average payoff over many trials.  
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experimental probability   A probability that is determined through experimentation.  
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fair game   A game in which each player has the same chance of winning.  
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long term average   The average payoff over many trials.  
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outcome   A possible result of an action.  
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probability   A number between 0 and 1 that describes the likelihood that an event will occur.  
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random events   Events whose outcomes are uncertain when viewed individually, but which may exhibit a predictable pattern when observed over many trials.  
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theoretical probability   A probability obtained by analyzing a situation.  
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Created by: edogg69
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