Ask Question
BusinessBusiness
1 October, 23:35

Which best describes how theoretical probability is determined?

a. by personal experimentation and testing

b. by deciding which events are random

c. by considering all possible outcomes

d. by deciding which events are unpredictable?

+1
Answers (2)
  1. 2 October, 01:54
    0
    I believe the answer is: c. by considering all possible outcomes

    To determine the number of theoretical probability, we need to divide Number of favourable outcome with the number of possible outcome.

    The number of possible outcomes in this situation would be calculated based on previous experiments, direct observation, and experiences.
  2. 2 October, 02:02
    0
    C by considering all possible outcome
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which best describes how theoretical probability is determined? a. by personal experimentation and testing b. by deciding which events are ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Mapleview Inc. has the following budgeted sales: July $200,000 August $300,000 Sept $250,000 40% of the sales are for cash. 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% for the next month.
Answers (1)
What are some of the advantages of online marketing?
Answers (2)
Matured Water Services had net income for the month of October of $ 50 comma 880. Assets as of the beginning and end of the month totaled $ 362 comma 000â, and $ 486 comma 000â, respectively.
Answers (1)
Jefferson's recently paid an annual dividend of $1.31 per share. The dividend is expected to decrease by 4% each year. How much should you pay for this stock today if your required return is 16%?
Answers (1)
Suppose the civilian noninstitutionalized working age population is 35.9 million in Laborland, 4.6 million are working part time, and 15.71 million are working full time.
Answers (1)
New Questions in Business
Benitez co. had sales of $800,000 in 2016. the company expects to incur warranty expenses amounting to 3% of sales. there were $13,000 of warranty obligations paid in cash during 2016. based on this information:
Answers (1)
Which luxury brand shares its name with the french explorer who is credited with naming canada?
Answers (1)
MekTech is a U. S.-based electronics company. It is planning to introduce a new home theatre system in a foreign country.
Answers (2)
Assume that the government increases the unit excise tax on gasoline suppliers and also that people commute longer distances to work as more houses are built in city suburbs.
Answers (2)
Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $105 per share. The initial margin requirement was 50%. (The margin account pays no interest.
Answers (1)
Home » Business » Which best describes how theoretical probability is determined? a. by personal experimentation and testing b. by deciding which events are random c. by considering all possible outcomes d. by deciding which events are unpredictable?
Sign Up Forgot Password?