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)
