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24 April, 10:58

An entrepreneur who plans to open a cuban restaurant in nashville has a 20 percent chance of success.

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  1. 24 April, 13:26
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    That statement depicts a type of Classical probability.

    Classical probability refers to statistical measurement that taken after comparing the number of favorable outcome with the number of the possible outcome.

    The results of this probability are often really conservative and might show a pretty wide deviation with the real situation.
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