In some experiments, we assign subjective probabilities, which can be interpreted as our degree of
belief in the outcome.

Name: In some experiments, we assign subjective probabilities, which can be interpreted as our degree of belief in the outcome.
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Question

Quizplus · Accepted Answer

Subjective probabilities are indeed used to quantify an individual's degree of belief in the occurrence of an event, based on personal judgment or experience, rather than objective data or precise calculation.

In Some Experiments, We Assign Subjective Probabilities, Which Can Be