Decide if the following probability is classical relative fr

Decide if the following probability is classical, relative frequency, or subjective. You believe that you have a 5% chance of getting into an accident on your way to work. TYPE OF PROBABILITY Answer: Subjective Probability Relative Frequency Probability Classical Probability

Solution

This possibility is Subjective probability.

(As subjective prob is an individual person\'s belief that an event will occur)

 Decide if the following probability is classical, relative frequency, or subjective. You believe that you have a 5% chance of getting into an accident on your

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