Which of the following is an approach to assigning probabilities?

A. Classical approach.
B. Relative frequency approach.
C. Subjective approach.
D. All of these choices are true.


Analysis:
A. Incorrect. Relative frequency approach is an approach to assigning probabilities.
B. Correct. Relative frequency approach is an approach to assigning probabilities.
C. Incorrect. Relative frequency approach is an approach to assigning probabilities.
D. Incorrect. Relative frequency approach is an approach to assigning probabilities.
ANSWER : B

Business

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