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.

Question

Quizplus · Accepted Answer

The relative frequency approach relies on long-term observations to determine a probability. It is not applicable to short-term observations as they may not provide a representative sample of the long-term outcomes.

Which of the Following Does Not Apply to the Relative-Frequency