Which of the Following Is Not an Approach to Assigning

question 56

Short Answer

Which of the following is not an approach to assigning probabilities? $\begin{array}{|l|l|}\hline A&\text { Classical approach}\\\hline B&\text {Trial-and-error approach }\\\hline C&\text {Relative frequency approach }\\\hline D&\text { Subjective approach}\\\hline\end{array}$

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Definitions:

Probabilities

A calculation that determines the chances of an event occurring, with values between 0 and 1 to signify probability.

t-Table

A table used in statistics that shows the critical values of the t-distribution, used in hypothesis testing and constructing confidence intervals.

Degrees of Freedom

The number of independent values or quantities that can vary in an analysis without violating any constraints.

Mean

The arithmetic average of a set of values, calculated by summing up all the values and then dividing by the number of values.