The long-run relative frequency of an event based on the assumption of an infinite number of observations with no change in the underlying conditions is called
A) objective probability.
B) objective risk.
C) subjective probability.
D) subjective risk.
Answer: A
Business
You might also like to view...
Unexpectedly low response rates should be reported to the client
Indicate whether the statement is true or false
Business
Another name for F.O.B. factory pricing is ________ pricing
A) captive B) F.O.B destination C) F.O.B. origin D) F.O.B. delivered E) basing-point
Business
The process of comparing or aligning the facts of a client's case with the elements of a statute is one element of legal analysis
a. True b. False
Business
Explain the core principles in the Code of Fair Information Practices
Business