The Method of Probability Assessment That Relies on an Examination

question 58

Multiple Choice

The method of probability assessment that relies on an examination of historical data from similar situations is:

• A) relative frequency of occurrence.
• B) classical assessment.
• C) historical assessment.
• D) subjective assessment.

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Definitions:

Interpersonal Relationships

Connections and interactions between two or more people, which can include various types such as friendships, family bonds, and romantic partnerships.

Rural Areas

Regions located outside towns and cities, often characterized by farming, small communities, and lower population density.

Developing Countries

Nations with low to middle levels of industrialization, lower standards of living, and lower Human Development Index ratings than developed countries.

Urban

Pertaining to or characteristic of a city or town, especially in terms of dense population, infrastructure, and cultural offerings.