Which of the following is true about the classical definition of probability?
A) It is based on judgment and experience.
B) If the process that generates the outcomes is known, probabilities can be deduced from theoretical arguments.
C) The probability that an outcome will occur is simply the relative frequency associated with that outcome.
D) It is based on observed data.

Question

Quizplus · Accepted Answer

The classical definition of probability is based on theoretical arguments and assumes that all outcomes are equally likely. It does not rely on judgment or experience, observed data, or relative frequency.

Which of the Following Is True About the Classical Definition