CAA Global Entry exam of the Certified Actuarial Analyst qualification Module-0 Question # 8 Topic 1 Discussion
Module-0 Exam Topic 1 Question 8 Discussion:
Question #: 8
Topic #: 1
Identify which of the following statements is not always true about a probability experiment.
A.
The sum of the probabilities of all possible outcomes must be 1.
B.
The sum of the probabilities of all possible events could be more than 1
C.
The probability of an event must lie in [0,1].
D.
The probability of an event occurring equals the number of outcomes in the event space divided by the total number of possible outcomes in the sample space.
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