In: Statistics and Probability
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 the job.
d)The instructor selects one student at random to present a problem to the class. There are 20 students in the class so you believe you have a 5% chance of being selected.