Using the Relative Frequency Approach, We Can Define the Probability

question 31

Short Answer

Using the relative frequency approach, we can define the probability of any specific outcome as the __________ of times it occurs over the long run.

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Definitions:

Rational Choice Theorists

Scholars who explain social interactions and structures through the lens of individual decisions, assuming people act based on cost-benefit analyses.

Socially Defined

Refers to how society and culture assign meanings, roles, and values to individuals or groups, often influencing their behavior and interactions.

Preferences

Describes the individual choices or inclinations people have towards certain options, behaviors, or objects over others.

Behaviorism

A psychological approach that emphasizes the study of observable behavior and the role of the environment as a determinant of behavior.