When the assumption of equally likely outcomes is used to assign probability values, the method used to assign probabilities is referred to as the
A)relative frequency method
B)subjective method
C)probability method
D)classical method

Question

Quizplus · Accepted Answer

The assumption of equally likely outcomes is a key feature of the classical method of assigning probabilities. This method assumes that all possible outcomes of an experiment are equally likely to occur, and therefore assigns equal probabilities to each outcome.

When the Assumption of Equally Likely Outcomes Is Used to Assign