Asked by starlandria Anderson on Jun 04, 2024
Verified
Which is the most complete and accurate list of the methods used to establish probability?
A) method of equal alternatives, method of frequency
B) method of frequency, intuitive judgment, random projection
C) method of equal alternatives, method of frequency, intuitive judgment
D) intuitive judgment, random projection
E) intuitive judgment, random projection, method of equal alternatives
Equal Alternatives
A situation or choice where the options available have the same value or likelihood.
Frequency
A statistic specifying the number or proportion of items in a class that have a given property.
- Characterize and discern among several tactics for computing probabilities.
Verified Answer
PT
Paige ThompsonJun 10, 2024
Final Answer :
C
Explanation :
The most complete and accurate list of methods used to establish probability includes the method of equal alternatives, the method of frequency, and intuitive judgment. The method of equal alternatives assumes that all possible outcomes of an event are equally likely, the method of frequency involves observing the past occurrence of an event to estimate the probability of its future occurrence, and intuitive judgment involves making an educated guess based on past experience or knowledge. Random projection and intuitive judgment alone are not as comprehensive and reliable as the combination of all three methods listed in option C.
Learning Objectives
- Characterize and discern among several tactics for computing probabilities.
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