Question

(2) I have three tries on my homework and keep missing this one. Business Analysis 2372

The experiment is sending a human to Mars in the next 50 years. The sample space is

S = {humans land on Mars in 50 years, humans don't land on Mars in 50 years}

Suppose you wanted to state the probability of humans landing on Mars in 50 years. What definition of probability would you use?

		sample
		axiomatic
		long-run frequency
		classical
		subjective or Bayesian

Answer 1

The experiment is sending a human to Mars in the next 50 years.

The sample space is

S = {humans land on Mars in 50 years, humans don't land on Mars in 50 years}

We want to find the probability of humans landing on Mars in 50 years.

Therefore we used the definition of classical probability. It states that if the outcomes of the experiment are equally likely the probability is given by:

p=(number of favorable outcomes)/(Total outcomes in the sample space)

Therefore,

The probability of humans landing on Mars in 50 years=1/2