Give the classical definition of probability and point out its limitat

1.	Give the classical definition of probability and point out its limitations.
Answer» Ifnis the number of equally likely, mutually exclusive and exhaustive outcomes of a random experiment out of whichmoutcomes are favorable to the occurrence of an event A, then the probability that A occurs, denoted by P(A), is given by : P(A) =Number of outcomes favorable to A/Number of exhaustive outcomes= m/n

Give the classical definition of probability and point out its limitations.

Answer»

Ifnis the number of equally likely, mutually exclusive and exhaustive outcomes of a random experiment out of whichmoutcomes are favorable to the occurrence of an event A, then the probability that A occurs, denoted by P(A), is given by :

P(A) =Number of outcomes favorable to A/Number of exhaustive outcomes= m/n

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Give the classical definition of probability and point out its limitations.

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