Question: 1. Define the different methods for assigning probabilities and present examples of each: -Estimated subjective probability -Probability by relative frequency -Estimated classical probability -combinations -permutations
1. Define the different methods for assigning probabilities and present examples of each: -Estimated subjective probability -Probability by relative frequency -Estimated classical probability -combinations -permutations
2. Make a critical summary of the binomial probability distribution and the normal distribution.
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