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    Statistics for Business and Economics Study Set 3
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    Exam 4: Introduction to Probability
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    A Method of Assigning Probabilities Based on Historical Data Is
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A Method of Assigning Probabilities Based on Historical Data Is

Question 57

Question 57

Multiple Choice

A method of assigning probabilities based on historical data is called the _____ method.


A) classical
B) subjective
C) relative frequency
D) progressive

Correct Answer:

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