The classical approach describes a probability:
A) in terms of the proportion of times an event is observed to occur in a very large number of trials.
B) in terms of the degree to which one happens to believe that an event will happen.
C) in terms of the proportion of times that an event can be theoretically expected to occur.
D) is dependent on the law of large numbers.
E) describes an event for which all outcomes are equally likely.

Question

Quizplus · Accepted Answer

The classical approach to probability defines probability as the ratio of the number of ways an event can occur to the total number of possible outcomes. This is based on the assumption that all outcomes are equally likely. Therefore, probability can be expressed as a proportion of the total possible outcomes.

The Classical Approach Describes a Probability