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 the assumption that all outcomes in a sample space are equally likely. Therefore, if the process generating the outcomes is known, probabilities can be deduced from theoretical arguments, without relying on empirical data or subjective judgment.

Which of the Following Is True About the Classical Definition