Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The difference between probabilities and frequencies is a) probabilities are reliable; frequencies are not. b) there is no difference; they are the same thing.charges no
The difference between probabilities and frequencies is
a) probabilities are reliable; frequencies are not.
b) there is no difference; they are the same thing.charges no premiums
c) probabilities are theoretical and unseen; frequencies are observable.
d) frequencies are theoretical and unseen; probabilities are observable.
e) probabilities are used by mathematicians; frequencies are used by social scientists.has only very healthy policyholders
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started