Suppose that we determine the probability of a warm winter based on the number of warm winters experienced over the past 10 years.In this case,we have used
A) relative frequency.
B) the classical method.
C) the logical method.
D) subjective probability.
E) None of the above
Correct Answer:
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Q38: Assume you have a normal distribution representing
Q45: Bayes' theorem is used to calculate
A)revised probabilities.
B)joint
Q46: A consulting firm has received 2 Super
Q47: A consulting firm has received 2 Super
Q49: Subjective probability assessments depend on
A)the total number
Q51: When does P(A|B)= P(A)?
A)when A and B
Q52: A _ is a numerical statement about
Q53: If the sale of ice cream and
Q54: The equation P(A|B)= P(AB)/P(B)is
A)the marginal probability.
B)the formula
Q55: Suppose that 10 golfers enter a tournament
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