The Relative Frequency of an Event Is the Number of Times

question 88

True/False

The relative frequency of an event is the number of times the event occurs out of the total number of times the random experiment is run.

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Definitions:

Globalization

The process by which businesses, technologies, or philosophies spread throughout the world, leading to increased interconnectedness and interdependence among nations.

Glocalization

Is the simultaneous homogenization of some aspects of life and the strengthening of some local differences under the impact of globalization.

Homogenization

The process of making things uniform or similar, often seen in cultures losing distinct features due to globalization.

Regionalization

Is the division of the world into different and often competing economic, political, and cultural areas.