Question

Explain classical definition of probability and state its limitations.

Answer 1

Classical probability is the statistical concept that measures the likelihood (probability) of something happening. In a classic sense, it means that every statistical experiment will contain elements that are equally likely to happen (equal chances of occurrence of something).

Limitations of the classical definition: how to assign numbers to. “probabilities of events” Classical probability: If a random experiment can result in n mutually. exclusive and equally likely outcomes and if nA of these outcomes have an. attribute A, then the probability of A is the fraction nA/ n.