An approach of assigning probabilities which assumes that all outcomes of the experiment are equally likely is referred to as the:
A)subjective approach
B)objective approach
C)classical approach
D)relative frequency approach

Question

Quizplus · Accepted Answer

The classical approach of assigning probabilities assumes that all outcomes are equally likely. This approach is based on theoretical reasoning and does not rely on empirical evidence or subjective judgment.

An Approach of Assigning Probabilities Which Assumes That All Outcomes