Business Studies, asked by akshaykumar5527, 10 months ago

Which is not a method of estimating probability?

Answers

Answered by Itzcrush93
3

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Methods of Probability:---

Classical Method :-- The classical method of determining probability is used if all of the probable outcomes are known in advance and all outcomes are equally likely

Relative frequency Methods...

Subjective Methods ...Using probabilities.

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Answered by lovingheart
0

The method that is not used in the sampling process is the non-probability sampling method

Explanation:

  • Here the number of samples count is not taken into consideration.
  • At the same time, the probability is measured by picking up of the random quantities of from the samples.
  • This method may not prove accurate since probability in assumptions is made.
  • This method is less popular in all places since it never produces the accurate results.

TO KNOW MORE:

What is sampling and explain method of sampling ?

https://brainly.in/question/7438401

Explain the merits of sampling method.

https://brainly.in/question/7905495

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