Asked by
Yessenia Payan
on Oct 30, 2024Verified
Relative frequency probability ________.
A) is based on empirical data
B) is based on theoretical arguments
C) is the same as subjective probability
D) is based on personal judgment
Relative Frequency Probability
The likelihood of an event occurring, calculated by dividing the number of occurrences by the total number of observations.
Empirical Data
Information acquired by observation or experimentation, used as the basis for knowledge or validation of theories.
Theoretical Arguments
Logical discussions based on abstract principles rather than empirical evidence.
- Acquire knowledge on the various kinds of probability, encompassing classical, empirical, subjective, and conditional.
Verified Answer
MH
Learning Objectives
- Acquire knowledge on the various kinds of probability, encompassing classical, empirical, subjective, and conditional.