This topic contains a solution. Click here to go to the answer

Author Question: Give an example of a situation where you have to use the personal probability interpretation of a ... (Read 62 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
Give an example of a situation where you have to use the personal probability interpretation of a probability (vs. the relative frequency interpretation).

Question 2

Suppose Consumer Reports tests a random sample of 1,000 flashlights of a certain brand and finds 20 of them to be defective. They report the chances of buying a defective flashlight (for this brand) to be .02 . This is an example of using the _______________ approach to determining a probability.
 Fill in the blank(s) with correct word



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

deja

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

ANY EXAMPLE WHERE THE SITUATION IS NOT REPEATABLE. EXAMPLE: WILL YOU BE ABLE TO FIND A GOOD PARKING SPOT IF YOU GO DOWNTOWN TODAY?

Answer to Question 2

RELATIVE FREQUENCY




frankwu

  • Member
  • Posts: 549
Reply 2 on: Jul 24, 2018
Excellent


phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

For a complete list of videos, visit our video library