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Set of all possible elementary outcomes of a trial.? If the trial consists of ipping a coin twice, the sample space is S= (h;h);(h;t);(t;h);(t;t).? The probability of the sample space is always 1. Events (E)? An event is the speci cation of the outcome of a trial.? An event can consist of a single outcome or a set of outcomes.In this post, I cover two main reasons why studying the field of statistics is crucial in modern society. First, statisticians are guides for learning from data and navigating common problems that can lead you to incorrect conclusions. Second, given the growing importance of decisions and opinions based on data, it’s crucial that you can critically …Answer Part 1: Probability that all four tests are negative. The probability that a single test comes back negative is 99.7% or 0.997. Since the tests are independent, the probability that all four tests come back negative is the product of the individual probabilities. ... 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