Define: Probability (Statistical Definition)

1.	Define: Probability (Statistical Definition)
Answer» Probability (Statistical Definition) : Suppose, a random experiment is repeated n times under identical conditions. If an ‘event A occurs in m trials then the relative frequency\( \frac{m}{n} \)of the event A gives the estimate of the probability of the event A. When n tends to infinity, the limiting value of \( \frac{m}{n} \) is called the probability of the event A. Thus, \(P(A)= \lim\limits_{n\to\infty}\frac{m}{n}\)

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Probability (Statistical Definition) :
Suppose, a random experiment is repeated n times under identical conditions. If an ‘event A occurs in m trials then the relative frequency\( \frac{m}{n} \)of the event A gives the estimate of the probability of the event A. When n tends to infinity, the limiting value of \( \frac{m}{n} \) is called the probability of the event A. Thus,

\(P(A)= \lim\limits_{n\to\infty}\frac{m}{n}\)

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Define: Probability (Statistical Definition)

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