Briefly describe the differences among theoretical, relative frequency, and subjective techniques for finding probabilities. Give an example of each.


Answered 1 year ago
Answered 1 year ago
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Theoretical probability is anchored on the assumption that all the possible outcomes of the experiment are equally-likely to happen/occur. \\ For example, when a six-sided number cube is rolled, it is assumed that the possible outcomes 1,2,3,4,5 and 61, 2, 3, 4, 5\text{ and } 6 are all equally-likely outcomes so P(1)=P(2)=P(3)=P(4P(5)=P(6)=16P(1)=P(2)=P(3)=P(4P(5)=P(6)=\frac{1}{6}.

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