Where is "subjective probability" most likely to be invoked?
A) in setting the point spread in football
B) in deciding if tomorrow will be a good day
C) in calculating your best strategy in poker
D) in playing Russian roulette

Question

Quizplus · Accepted Answer

Subjective probability refers to personal beliefs and judgments about the likelihood of an event occurring, rather than objective calculations based on statistical data. Predicting if tomorrow will be a good day is a subjective judgment that is likely based on personal experience and expectations, making it the most appropriate scenario for invoking subjective probability. The other options may involve objective calculations or rules.

Where Is "Subjective Probability" Most Likely to Be Invoked