The Classical Definition of Probability Is the Limit of the Proportion

question 168

True/False

The classical definition of probability is the limit of the proportion of times that event A occurs in a large number of trials,n.

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Definitions:

Endangered Species

Species of animals or plants that are at risk of extinction throughout all or a significant portion of their habitat.

Opportunity Cost

The trade-off of potential gains in alternate choices when one is chosen.

Environmental Legislation

Laws and regulations designed to protect the natural environment against pollution and harm, often by regulating emissions and industrial processes.

Scarcity

The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.