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Author Question: Which of the following statements is always true? (Read 10 times)

camac77

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on: Mar 25, 2023

Question 1

When the results of experimentation or historical data are used to assign probability values, the method used to assign probabilities is referred to as the


◦

relative frequency method


◦

subjective method


◦

classical method


◦

posterior method



Question 2

Which of the following statements is always true?


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-1 P(Ei) 1


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P(A) = 1 - P(Ac)


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P(A) + P(B) = 1


◦

∑P 1

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by camac77 on Mar 25, 2023

kyledifference

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Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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camac77

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Reply 2 on: Mar 25, 2023
YES! Correct, THANKS for helping me on my review

chereeb

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Reply 3 on: Yesterday
Wow, this really help

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