Probability Can Be Defined as ______

question 7

Multiple Choice

Probability can be defined as ______.

• A) the number of times a specific even can occur relative to the total number of times that any event can occur
• B) the total number of possible outcomes minus the number of ways a particular outcome may occur
• C) the total number of ways a possible outcome can occur
• D) the likelihood that the researcher would reject the null hypothesis

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Definitions:

Outside Supplier

An external entity that provides goods or services to another company.

Indifferent

A state or condition where a decision-maker has no preference between two or more alternatives.

Subcomponent

A subcomponent is a constituent part that plays a role within a larger component or system, often essential for its functionality.

Financial Advantage

A benefit in terms of money that can be gained from a particular action or investment.