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Which probability interpretation is most reasonable to use: relative frequency, subjective, or classical? The probability your...Asked by Stacy
Which probability interpretation is most reasonable to use: relative frequency, subjective, or classical?
The probability your company's sales will exceed seven million dollars this year. Is this relative frequency?
The probability that the S&P will increase or decrease by at least 25 points in one day? Is this classical?
The probability that you will get a ticket if you drive 70 mph on the interstate between work and home this coming Tuesday. Is this relative frequency?
The probability your company's sales will exceed seven million dollars this year. Is this relative frequency?
The probability that the S&P will increase or decrease by at least 25 points in one day? Is this classical?
The probability that you will get a ticket if you drive 70 mph on the interstate between work and home this coming Tuesday. Is this relative frequency?
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