The Relative Frequency of an Outcome Is the Probability of Its

question 27

True/False

The relative frequency of an outcome is the probability of its occurrence.

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Definitions:

Development Aid

Financial aid given by governments and other agencies to support the economic, environmental, social, and political development of developing countries.

United Nations

An international organization founded in 1945, designed to promote peace, security, and cooperation among the world's nations.

Richest Nations

Countries that have the highest Gross Domestic Product (GDP) per capita, indicating a high level of economic prosperity and standard of living.

Gross Domestic Product

A measure of the economic performance of a country, representing the total value of all goods and services produced over a specific time period.