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There are 'm' number of favourable cases to event A and n-m are non-favourable cases, both are equally…

When a random experiment has 'm' favourable outcomes and 'n - m' unfavourable outcomes out of 'n' equally likely, mutually exclusive, and exhaustive cases, defining the…

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There are 'm' number of favourable cases to event A and n-m are non-favourable cases, both are equally likely and mutually exclusive, the probability of occurring the event A P(A) = m / n. This formula corresponds to which one of the following approaches to probability?

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Correct answer C

When a random experiment has 'm' favourable outcomes and 'n - m' unfavourable outcomes out of 'n' equally likely, mutually exclusive, and exhaustive cases, defining the probability of event A as P(A) = m / n represents the Classical (or *a priori* Mathematical) Approach to probability formulated by Pierre-Simon Laplace.

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