Multiple Choice
Which of the following does not apply to the relative-frequency approach for trying to determine a probability of a specific outcome?
A) The probability is determined to be the proportion of times the outcome occurs in the long run.
B) The relative frequency jumps around if only a few observations are made, but eventually settles down to a certain proportion as more and more observations are made.
C) The relative frequency approach to determining a probability can be applied to short-term observation.
D) All of the above statements apply to the relative-frequency approach.
Correct Answer:

Verified
Correct Answer:
Verified
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