Correct response to the statement is A. Overestimate the chance of arriving on time. Because the flight to Atlanta has lesser probability to arrive on time than the flight from Atlanta to Phoenix.
Probability is just the possibility of something happening. When we are unsure of the outcome of an event, we may discuss the probabilities of various outcomes—how likely they are. Statistics is the study of events based on probability.
Probability can also be defined as the probability of an event occurring divided by the number of possible outcomes. Probability is computed for several events by dividing each probability into independent, single computations and then combining the results together to arrive at a single probable outcome.
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