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A Venn diagram is best described as a graphical representation for showing sample space and events because it visually illustrates how different sets (representing events or sample spaces) relate to one another. Each set is represented by a circle, and the overlaps between circles indicate the common elements that the sets share. This makes Venn diagrams particularly useful in probability and statistics, as they can clearly depict relationships between different events, such as intersections, unions, and complements, which are key concepts when discussing sample spaces and events in a probabilistic context. The clarity in visual representation helps to analyze how events interact with each other, which is essential in understanding the overall sample space of a situation.

While the other options mention various forms of graphical representation, they do not capture the primary function and application of Venn diagrams in context to events and their relationships.