Explain why a random phenomenon with two possible outcomes does not necessarily have 0.5 as the probability for each of the outcomes.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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Explain why a random phenomenon with two possible outcomes does not necessarily have 0.5 as the probability for each of the outcomes.
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