Consider the statement, When there are a finite number of outcomes, then all probability is just a

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Consider the statement, "When there are a finite number of outcomes, then all probability is just a matter of counting. Specifically, if n of the outcomes are favorable to some event E, and there are N outcomes total, then the probability of E is n/N /." Is this statement always true? Is it always false?
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Business Analytics Data Analysis and Decision Making

ISBN: 978-1305947542

6th edition

Authors: S. Christian Albright, Wayne L. Winston

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