For the cases listed below, indicate which of the approachesclassical, relative requency, or subjectiveyou would most likely

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For the cases listed below, indicate which of the approaches—classical, relative requency, or subjective—you would most likely use to assign probability:
a. The probability that you’re new TV will self-destruct one day after the warranty expires.
b. The probability of being chosen randomly to represent your school at a national education conference.
c. The probability that another member of the Bush family will be elected president of the US.
d. The probability that a pedestrian will be struck by a bus this year at the intersection of 5th Ave. and 10th St.
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Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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