Which of the following statements about probability is most accurate?
  A. A conditional probability is the probability that two or more events will happen concurrently.
  B. An outcome is the calculated probability of an event.
  C. An event is a set of one or more possible values of a random variable.
  D. Out of a sample of 100 widgets 10 were found to be defective, 20 were perfect, and 70 were OK. The probability of picking a perfect widget at random is 29%.
  Answer:C
  Conditional probability is the probability of one event happening given that another event has happened. An outcome is the numerical result associated with a random variable. The probability of picking a perfect widget is 20 / 100 = 0.20 or 20%.