experiment
a process that when performed results in one and only one of many observations
the observations are called the ____ of the experiment
outcome
sample space
the collection of all outcomes for an experiment
event
a collection of one or more of the outcomes of an experiment
probability
a numerical measure of the likelihood that a specific event will occur
equally likely outcomes
two or more outcomes that have the same probability of occurance
subjective probability
is the probability assigned to an event based on subjective judgement, experience, information and belief