CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

Empirical probability is ______.
A. a technique where past information is used to determine future probabilities
B. a technique where current information is used to determine future probabilities
C. a form of probability that takes into account the fact that some other event has occurred which is likely to affect the chance of our event occurring
Explanation: Empirical probability is a technique where past information is used to determine future probabilities.

User Contributed Comments 3

User Comment
mc25456 Empirical probability is a technique where past information is used to determine the probabilities in future.
bball123h Ctrl + C --> Ctrl + V
CFANathan Empirical probability is a technique where past information is used to determine future probabilities
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