Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Industrial Engineering Operations Research Queueing Theory
There are 'm' number of favourable cases to event A and 'n' are non-favourable cases, both are equally likely and mutually exclusive, the probability of occurring the event A is P(A) = \(\rm \frac {m}{m+n}\). This formula corresponds to which one of the following approaches to probability ?
1
Classical approach to probability
2
Statistical approach to probability
3
Subjective approach to probability
4
Modern approach to probability