Money Spent on Annual Military Expenditures Would Be Categorized as Which

question 3

Multiple Choice

Money spent on annual military expenditures would be categorized as which type of spending?

• A) Progressive spending
• B) Mandatory spending
• C) Uncontrollable spending
• D) Discretionary spending
• E) Incremental spending

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Definitions:

Relative Frequency Approach

A method of estimating probabilities based on the proportion of observed occurrences of an event relative to the total number of trials.

Subjective Approach

A method of decision making or analysis that is based on personal judgment, opinions, or preferences rather than objective data.

Simple Event

An event consisting of only one outcome in a probability experiment.

Sample Space

The set of all possible outcomes of a random experiment or event.