Question

please gave an two example/sample of a relative and subjective

Answer 1

​​​​​​Relative Probabilities:

Relative probabilities are numbers 0 and 1 both inclusive.

Example1: We generally say fifty-fifty in general language. This means both the outcomes are equally likely. In probability we say {(win,0.5), (lose,0.5)} ranging between 0 and 1.

Example2: A bookie might give odds of 4 to 1, meaning {(win,1), (lose,4)}. In probability we say {(win, 0.2),( lose,0.8)}

Subjective probability:

Subjective probability is a type of probability derived from an individual's personal judgment or own experience about whether a specific outcome is likely to occur.

Example1: Asking New York Yankees fans, before the baseball season starts, about the chances of New York winning the World Series. While there is no absolute mathematical proof behind the answer to the example, fans might still reply in actual percentage terms, such as the Yankees having a 25% chance of winning the World Series.I

Example2: Consider a person who is asked to predict the percentage chance of whether a flipped coin will land with heads or tails up, his initial response may be the mathematically true 50%. If 10 coin flips occur, all resulting in the coin landing tails up, the person may change his percentage chance to a number other than 50%, such as saying the chance of it landing tails up is 75%.