Evidence Gained Through Experience and Observation Is Called ___________

question 327

Multiple Choice

Evidence gained through experience and observation is called ___________.

• A)real world data
• B)empirical evidence
• C)personal evidence
• D)rational evidence

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Definitions:

Probability

Probability is a branch of mathematics that measures the likelihood of a given event's occurrence, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Returns

The profit or loss derived from investing or saving, often expressed as a percentage of the original investment.

Risk Premium

The return in excess of the risk-free rate of return that an investment is expected to yield.