Introductory Statistics 9th Edition

Published by Wiley
ISBN 10: 1-11905-571-7
ISBN 13: 978-1-11905-571-6

Chapter 4 - Section 4.2 - Calculating Probability - Exercises - Page 139: 4.14

Answer

We use classical probability when all the outcomes of an experiment are equally likely. For example, when we want to find out the probability of obtaining a head or a tail for one toss of a coin. We use the relative frequency concept of probability when the various outcomes for the corresponding experiments are not equally likely. For example, we use the relative frequency concept of probability when we want to obtain the probability that a randomly selected family owns a home.

Work Step by Step

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