Assigning probabilities to uncertain events based on one's beliefs or intuitions is called classical method.

Name: Assigning probabilities to uncertain events based on one's beliefs or intuitions is called classical method.
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Assigning probabilities to uncertain events based on one's beliefs or intuitions is called the subjective method. The classical method involves assigning probabilities based on equally likely outcomes.

Assigning Probabilities to Uncertain Events Based on One's Beliefs or Intuitions