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There are 'm' number of favourable eases to event A and...

This question belongs to Management Business Statistics
Business Statistics
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There are 'm' number of favourable eases to event A and 'n' are non-favourable eases, both are equally likely and mutally exclusive, the probability of occurring the event A is $$P\left( A \right) = \frac{m}{{m + n}}.$$   This formula corresponds to which one of the following approaches to probability?

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Correct Answer: Option A
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