Which of the following is not an example of the relative frequency approach to probability?
A)The outcome of a game of craps based on your personal experience
B)The outcome of a game of roulette based on historical data
C)The outcome of a poker game based on the draw of one card
D)The actuarial schedule for a life insurance company

Question

Quizplus · Accepted Answer

The relative frequency approach to probability involves determining probabilities based on long-term historical data or a large number of trials, which does not apply to the outcome of a poker game based on the draw of one card, as this is a single event rather than a long-term observation.

Which of the Following Is Not an Example of the Relative