Which of the following probabilities is suitable in establishing ...

[viki]

Which of the following probabilities is suitable in establishing proper life insurance rates?
 a. Empirical probability
  b. Theoretical probability
  c. Subjective probability
  d. All of the above.

Question 2

Which of the following statements is false?
 a. When a probability experiment can be thought of as a sequence of events, a Dotplot often is a very helpful way to picture the sample space.
  b. When a probability question can be thought of as a sequence of events, a tree diagram often is a very helpful way to picture the sample space.
  c. A subjective probability generally results from personal judgment, and the accuracy of such probability depends on the individual's ability to correctly assess the situation.
  d. None of the above.

[lin77x]

Answer to Question 1

A

Answer to Question 2

A

[viki]

Wow, this really help

Thanks for the timely response, appreciate it