Question

In: Statistics and Probability

1a. what is the difference between experimemtal, theoretical, and subjective proabailites b. how can probability theory...

1a. what is the difference between experimemtal, theoretical, and subjective proabailites
b. how can probability theory be used in reali life

please answer part a & b in 3-4 sentences for a thumbs up thank you

Solutions

Expert Solution


Related Solutions

To calculate the following probability, would you use Theoretical, Empirical, or Subjective probability: Probability that you...
To calculate the following probability, would you use Theoretical, Empirical, or Subjective probability: Probability that you mow the yard today?
Determine whether the following are examples of theoretical probability, subjective probability, or relative frequency. a) After...
Determine whether the following are examples of theoretical probability, subjective probability, or relative frequency. a) After taking the exam you believe there is a 90% chance that you passed. b) Last month the bus was on time 70% of the time so you believe that there is a 70% chance that the bus will be on time today. c) Your friend tells you her job interview went well and she believes there is a 75% chance that she will get...
(1) Describe the difference between empirical and theoretical probability. (2) Find the theoritical probability of tossing...
(1) Describe the difference between empirical and theoretical probability. (2) Find the theoritical probability of tossing three coins and getting 2 heads, 1 tail. (3) Toss three coins at once 50 times and record the out come of getting 2 heads, 1 tail. (4)) Based on your observations, give the empirical probability of each result.
What is the difference between actual and theoretical criterion, are there any issue that can come...
What is the difference between actual and theoretical criterion, are there any issue that can come between the two?
1a. what is the difference between the research topic and research questions? b. The purpose of...
1a. what is the difference between the research topic and research questions? b. The purpose of the research topic. c. Three (3) ways that you can identify a research topic.
Chapter 6 What is a probability distribution? How can you tell the difference between discrete and...
Chapter 6 What is a probability distribution? How can you tell the difference between discrete and continuous variables? Provide an example for each. What is a Uniform probability distribution? What does N(0,1) mean? What is the Standard Normal Table used for? Find the probability to the left of a z-score of -1.34. How do you know when to subtract a p-value from 1? Chapter 7 Explain the difference between p and p-hat. Explain the difference between accuracy and precision. What...
Provide a description of the difference between empirical and theoretical probability, in your own words. Additionally...
Provide a description of the difference between empirical and theoretical probability, in your own words. Additionally provide an example of a situation that you would use empirical probability and a situation where you would use theoretical probability.
What is the difference between objective and subjective impossibility bin contract performance?
What is the difference between objective and subjective impossibility bin contract performance?
Define the characteristics of a probability measure, and explain the difference between a theoretical probability distribution and an empirical probability distribution (a priori vs. a posteriori).
  Define the characteristics of a probability measure, and explain the difference between a theoretical probability distribution and an empirical probability distribution (a priori vs. a posteriori). (1 point) Describe the characteristics of a normal distribution. (1 point) Explain the importance of the central limit theorem. (1 point)
What is the difference between an objective and subjective strength and weakness? Give examples of each...
What is the difference between an objective and subjective strength and weakness? Give examples of each type of strength and weakness in a health care organization.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT