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Q.

What are the types of probability?

(i) Classical

(ii) Empirical

(iii) Subjective

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a

(i) and (ii)

b

(ii) and (iii)

c

(i), (ii) and (iii)

d

Only (i)

answer is D.

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Detailed Solution

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Probability is the branch of mathematics concerning the occurrence of a random event.There are four main types of probability are classical, empirical, subjective, and axiomatic probability.

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