Suppose the probability of an outcome is .02. Which of the following statements represent correct interpretations of this probability? (Choose the best answer.)
1)The outcome is expected to happen about two times out of every 100 trials.
2)The outcome will never happen.
3)The outcome could happen, or it couldn't, the chances of either result are the same.
4)The outcome will certainly happen two times out of every 100 trials.