Survey data, based on 65,000 mobile phone subscribers, shows that 44% of the subscribers use smartphones (Forbes,
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Survey data, based on 65,000 mobile phone subscribers, shows that 44% of the subscribers use smartphones (Forbes, December 15, 2011). Based on this information, you infer that the probability that a mobile phone subscriber uses a smartphone is 0.44. Would you consider this probability estimate accurate? Would you label this probability as subjective, empirical, or classical?
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9781259957611
3rd Edition
Authors: Sanjiv Jaggia
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