Elementary Statistics: Picturing the World (6th Edition)

Published by Pearson
ISBN 10: 0-32191-121-0
ISBN 13: 978-0-32191-121-6

Chapter 3 - Probability - Section 3.1 Basic Concepts of Probability and Counting - Exercises: 43

Answer

Subjective probability

Work Step by Step

This is a subjective probability because the value 0.75 is purely based on the analyst opinion. There is no exact information used to calculate the probability. So this is a subjective probability.
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