Relative Frequency Probability Is the Number of Events in the Population

question 284

True/False

Relative frequency probability is the number of events in the population that meets conditions multiplied by the total number in the population.

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Definitions:

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Accounting Profit

The total revenue of a firm less its explicit costs; the profit (or net income) that appears on accounting statements and that is reported to the government for tax purposes.

Entrepreneur's Talent

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