Use the following information for questions:
For each situation, decide if the probability described is a subjective (personal) probability or a relative frequency probability.
-Among 5000 new tires sold by a tire company, 20% (1000/5000) lasted more than 100,000 miles. The 20% chance that a new tire will last more than 100,000 miles is a
A) subjective probability.
B) relative frequency probability.

Question

Use the following information for questions:
 For each situation, decide if the probability described is a subjective (personal) probability or a relative frequency probability.
-Among 5000 new tires sold by a tire company, 20% (1000/5000) lasted more than 100,000 miles. The 20% chance that a new tire will last more than 100,000 miles is a
A) subjective probability.
B) relative frequency probability.

Quizplus · Accepted Answer

The Answer is B

Use the Following Information for Questions