Probabilities that cannot be estimated from long-run relative frequencies of events are called
A)objective probabilities.
B)subjective probabilities.
C)complementary probabilities.
D)joint probabilities.

Question

Quizplus · Accepted Answer

Subjective probabilities are based on personal judgment or opinion rather than on objective data or long-run relative frequencies of events.

Probabilities That Cannot Be Estimated from Long-Run Relative Frequencies of Events