Which Best Exemplifies the Empirical Definition of Probability

question 113

Multiple Choice

Which best exemplifies the empirical definition of probability?

• A)The probability that a Chinese athlete will win the diving competition in the next Olympics
• B)The probability that a fair coin will come up heads when it is flipped
• C)The probability that your own bank will become insolvent within 12 months
• D)The probability that a checked bag on Flight 1872 will weigh less than 30 pounds

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Definitions:

Forecasted Sales

An estimate of the amount of revenue that a company expects to generate from the sale of goods or services in a future period.