The Method of Probability Assessment That Is Least Likely to Be

question 108

Multiple Choice

The method of probability assessment that is least likely to be used by business decision makers is:

• A) subjective assessment.
• B) relative frequency of occurrence.
• C) classical assessment.
• D) None of the above is used by decision makers.

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Definitions:

Successive Approximation

A behavioral psychology principle where behaviors are gradually shaped to approximate the desired behavior closer and closer.

Self-Control

The capacity to control feelings, ideas, and actions when confronted with desires and sudden urges.

Therapeutic Techniques

A variety of methods and strategies used in psychological therapy to help individuals overcome challenges, modify behaviors, and improve mental health.

Clinical Settings

Environments or contexts related to the provision of healthcare or psychological services to individuals or groups.