Author Question: What is one caution you should observe when encountering personal probabilities that are reported in ... (Read 58 times)

mckennatimberlake

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What is one caution you should observe when encountering personal probabilities that are reported in the media?

Question 2

Name two restrictions on personal probabilities, from a statistical standpoint.



randomguy133

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Answer to Question 1

THEY CAN BE VERY DIFFERENT FROM PERSON TO PERSON; THEY CAN BE LESS SCIENTIFICALLY SOUND' THAN THE RELATIVE FREQUENCY APPROACH.

Answer to Question 2

1) THEY MUST FALL BETWEEN 0 AND 1 (OR BETWEEN 0 AND 100); 2) THEY MUST BE COHERENT  THAT IS, YOUR PERSONAL PROBABILITIES OF TWO EVENTS CAN'T CONTRADICT EACH OTHER.



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