Q. What is the probability that a random quadratic equation describes a circle, an ellipse, a parabola, or a hyperbola? Let's use this definition of a random quadratic:
$$a\, x^2 + b\, x y + c\, y^2 + d\, x + e\, y + f = 0 \;$$
where $a,b,c,d,e,f$ are each uniformly random within $[-1,1]$.
For a circle the probability should be $0$, but I am unclear on the likelihood of ellipse vs. parabola vs. hyperbola.
Each conic can be represented as a point in a $5$-dimensional projective space. So I'm asking for the corresponding portions/volumes within this space.
My trigger for this question is a quote from Colin Adams: "So if we want to understand the geometry of surfaces, it's all about the hyperbolic case." So I was wondering if hyperbolas dominate even in the plane. (Colin Adams, "What is ... a Hyperbolic 3-Manifold?" AMS 65, no. 5, pp.544-546.PDF download).
Added: Simulations suggest that hyperbolas occur roughly 73% of the time, ellipses 14%, and the remainder have only imaginary solutions.