Question

Consider the following statements
Statement I Probability is a measure of uncertainty of events in a random experiment.
Statement II Probability is a function of outcomes of the experiment.
Choose the correct option.

• A. Statement $l$ is true
• B. Statement II is true
• C. Both statements are true
• D. Both statements are false

Answer 1

Answer: (C)

We know that, the probability is a measure of uncertainty of events in a random experiment. We discussed the axiomatic approach formulated by Russian Mathematician, A. N. Kolmogorov (1903-1987) and treated probability as a function of outcomes of the experiment.