Classify the statement as an example of classical probability, emprical probability, or subjective probability. Explan your reasoning. The probability of winning a 500 - ticket reffle with 10 tickets is (10)/(500)=0.02

cuuhorre76

cuuhorre76

Answered question

2022-09-12

Classify the statement as an example of classical probability, emprical probability, or subjective probability. Explan your reasoning. The probability of winning a 500 - ticket reffle with 10 tickets is 10 500 = 0.02
a) Empirical probability because the probability results from an estimate
b) Classical probability because each outcome in the sample space is equally likely
c) Subjective probability because the probability results from an estimete
d) Classical probability because the probability is based on observations obtained from a probability experiment
e) Subjective probability because each outcome in the sample space is equally likely
f) Empirical probability because the probability is based on observations obtained from a probability experiment

Answer & Explanation

Caiden Li

Caiden Li

Beginner2022-09-13Added 17 answers

Step 1
The given statement is ''The probability of winning a 500-ticket raffle with 10 tickets is 10 500 = 0.02 ''
The statement is an example of Classical probability because each outcome in the sample space is equally likely.
Classical probability is a simple form of probability that has equal chance of something happening
The probability of a simple event happening is the number of times the event can happen, divided by the number of possible events.
Therefore, the correct option is B) Classical probability because each outcome in the sample space is equally likely.

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