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In: Statistics and Probability

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 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.

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