It's a true story. The show takes inspiration from the actual experiences of Pam and Tommy, but as with many adaptations, there could be some artistic liberties taken to make it more engaging for the audience.
It's a mix of real events and some dramatization. While based on real people and incidents, there are likely elements that have been embellished for entertainment purposes.
Yes, it is based on real events. The show takes inspiration from the highly publicized relationship and events involving Pamela Anderson and Tommy Lee.
It's hard to say for sure. You'd need to know more about where the story originated and any background information to determine if it's based on real events or completely fictional.