Probability estimate, Classical & Frequency approach
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YouTubePSN Academy
Probability estimate, Classical & Frequency approach
Probability is a measure how likely outcomes of a particular experiment or activity will result. 1. CLASSICAL APPROACH All possible outcomes are are equally likely. 2. FREQUENCY APPROACH If after 𝑛 trials of an experiment, 𝒏 is very large, an event 𝐸 occurs in ℎ of these, then 𝑃(𝐸)=ℎ/𝑛. Law of large numbers states that as ...
Apr 25, 2023
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