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Q. Statement I A possible result of a random experiment is called outcome.
Statement II The set of outcomes is called the sample space of the experiment.

Probability

Solution:

A possible result of a random experiment is called its outcome.
Consider the experiment of rolling a die. The outcomes of this experiment are $1,2,3,4,5$, or 6 , if we are interested in the number of dots on the upper face of the die.
The set of outcomes $\{1,2,3,4,5,6\}$ is called the sample space of the experiment.
Thus, the set of all possible outcomes of a random experiment is called the sample space associated with the experiment. Sample space is denoted by the symbol ' $S$ '.
Each element of the sample space is called a sample point. In other words, each outcome of the random experiment is also called sample point.