A study was recently done in which 500 people were asked to indicate their preferences for one of three products. The following table shows the breakdown of the responses by gender of the respondents. If the people conducting the study wish to assess the probability that product A will be preferred by members of the target population, the method of assessment to be used would most likely be:
A) classical probability assessment.
B) subjective assessment.
C) relative frequency of occurrence.
D) independent events.

Question

A study was recently done in which 500 people were asked to indicate their preferences for one of three products. The following table shows the breakdown of the responses by gender of the respondents.  If the people conducting the study wish to assess the probability that product A will be preferred by members of the target population, the method of assessment to be used would most likely be:
A) classical probability assessment. 
B) subjective assessment. 
C) relative frequency of occurrence. 
D) independent events.

Quizplus · Accepted Answer

The Answer of A study was recently done in which 500 people were asked to indicate their preferences for one of three products. The following table shows the breakdown of the responses by gender of the respondents.  If the people conducting the study wish to assess the probability that product A will be preferred by members of the target population, the method of assessment to be used would most likely be:
A) classical probability assessment. 
B) subjective assessment. 
C) relative frequency of occurrence. 
D) independent events.

A Study Was Recently Done in Which 500 People Were