Empirical probability is used in which of the following?
A)lottery
B)slot machines
C)roulette
D)insurance rates

Question

Quizplus · Accepted Answer

Empirical probability is based on actual data and observations, and is often used to determine insurance rates based on past occurrences of certain events (such as car accidents or medical conditions). It is not typically used in games of chance like lottery, slot machines, or roulette, which rely on theoretical probabilities.

Empirical Probability Is Used in Which of the Following