A method of assigning probabilities which assumes that the experimental outcomes are equally likely is referred to as the
A)objective method
B)classical method
C)subjective method
D)experimental method

Question

Quizplus · Accepted Answer

The classical method of assigning probabilities assumes that all experimental outcomes are equally likely. This method is based on the principle of equally likely outcomes, which states that if an experiment can result in N possible outcomes and each of these outcomes is equally likely, then the probability of any one of these outcomes occurring is 1/N.

A Method of Assigning Probabilities Which Assumes That the Experimental