Identify the Statement That Is False

question 18

Multiple Choice

Identify the statement that is false.

• A) The triangular trade was enormously profitable and made up most of the colonial commerce.
• B) A trader would leave New England with a cargo of rum and sail to the Gold Coast of Africa.
• C) A trader would barter rum with African chiefs for captured African slaves.
• D) A trader would travel to the West Indies with the African slaves for molasses.
• E) A trader would travel to New England with the molasses, where it would be distilled into rum.

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Definitions:

Theoretical Arguments

Logical discussions based on abstract principles rather than empirical evidence.

Subjective Probability

Subjective Probability refers to the personal judgment or belief concerning the likelihood of an event occurring, which is not based on mathematical calculation but rather on intuition, experience, or belief.

Fair Coins

A term used to describe coins that have an equal probability of landing on heads or tails when flipped, exemplifying a truly random outcome.

Sample Space

The set of all possible outcomes in a statistical experiment.