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The probability of an event is a value which must be greater than 0 and less than 1

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The probability of an event is a value which must be greater than 0 and less than 1. 11. Two events are independent if the probability of one event is not influenced by whether or not the other event occurs. 12. Mutually exclusive events cannot be independent 13. A subjective probability is a probability assessment that is based on relative frequency 14. The probability of an event is the product of the probabilities of the sample space outcomes that correspond to the event. 15. If events A and B are independent, then P(A/B) is always equal to P(A) divided by PB) ho