1. Discuss the following concepts and give examples from everyday life in which you might encounter each concept. Hint: For instance, consider the “experiment”

of arriving for class. Some possible outcomes are not arriving (that is, missing class), arriving on time, and arriving late.

(a) Sample space.

(b) Probability assignment to a sample space. In your discussion, be sure to include answers to the following questions.

(i) Is there more than one valid way to assign probabilities to a sample space? Explain and give an example.

(ii) How can probabilities be estimated by relative frequencies? How can probabilities be computed if events are equally likely?