(Step-by-Step) Consider the experiment of tossing three (fair) coins. State what constitutes a probability space and their definitions. Give an example
Question: Consider the experiment of tossing three (fair) coins.
- State what constitutes a probability space and their definitions.
- Give an example of a probability space for this experiment excluding two trivial cases where the sigma field is given by either \(\{\emptyset, \Omega\}\) or the collection of all the subsets of \(\Omega\) and verify that your example satisfies all the conditions.
- Construct two events that are independent and whose probabilities are greater than zero and less than one. Justify your answer.
- Construct a 2 -dimensional random vector on this sample space that takes four distinct values, and compute the distribution functions for each element in the vector and expectation of the vector.
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