5. What type of probability does this prediction demonstrate?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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1. A prominent political commentator has estimated Donald Trump's chances of finishing
his first term at only 75%. What type of probability does this prediction demonstrate?
a. Classical
b. Empirical
c. Subjective
Transcribed Image Text:1. A prominent political commentator has estimated Donald Trump's chances of finishing his first term at only 75%. What type of probability does this prediction demonstrate? a. Classical b. Empirical c. Subjective
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