The Long-Run Relative Frequency of an Event Based on the Assumption

question 52

Multiple Choice

The long-run relative frequency of an event based on the assumption of an infinite number of observations with no change in the underlying conditions is called

• A)objective probability.
• B)objective risk.
• C)subjective probability.
• D)subjective risk.

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Definitions:

Report Purpose

The underlying reason or objective behind creating and presenting a report.

Outline

A basic framework or plan of the main points to be covered in a written document or speech.

Anconeus

A small muscle on the posterior aspect of the elbow that assists in extending the arm.

Brachioradialis

A muscle of the forearm that flexes the forearm at the elbow.