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Explain the difference between outcomes and events. Give examples from experiment (ii) in exercise 5.

Exercise 5

Which of the following observable phenomena can be considered as random experiments:

(i) A die is tossed and the number of dots facing up is counted.

(ii) Select a ball from an urn containing balls numbered 1 to 20 and note the number.

(iii) Observe the monthly changes of the consumer loan rate of interest.

(iv) Select a ball from an urn containing balls numbered 1 to 3. Suppose balls 1 and 2 are black and ball 3 is red. Note the number and color of the ball drawn.

(v) Toss a coin until Heads turns up and note the outcome.
Explain your answer.

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