The expected relative-frequency probability of events is rarely observed in everyday life because people do not:
A) accept information that goes against their expectations.
B) check their personal probability against reality.
C) use the appropriate formula of successes divided by trials.
D) observe things over many, many trials, but rather rely on a few observations.

Question

Quizplus · Accepted Answer

The expected relative-frequency probability of events is based on the law of large numbers, which states that as the number of trials increases, the observed relative frequency of an event will get closer to its theoretical probability. In everyday life, people often make judgments based on a limited number of observations, which can lead to inaccuracies in estimating probabilities.

The Expected Relative-Frequency Probability of Events Is Rarely Observed in Everyday