The definition a probability is stated as A measure of the likelihood that an event in the

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The definition a probability is stated as A measure of the likelihood that an event in the future will happen; it can only assume a value between 0 and 1; inclusive. Explain the meaning of the 0 and 1.

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Microeconomics and Behavior

ISBN: 978-0078021695

9th edition

Authors: Robert Frank

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Posted Date: Oct 19, 2018 10:03 AM

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The definition a probability is stated as A measure of the likelihood that an event in the

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The meaning of 0 is that Probability of that event is Zero which con... View the full answer

Microeconomics and Behavior

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