Classify the following statement as an example of classical probability, empirical probability, or subjective probability. Explain your reasoning. An analyst feels that a certain stock's probability of increasing in price over the next month is 0.35. Question content area bottom Part 1 This is an example of probability, since it deals with a continuous period rather than a fixed number of trials. the stock has an equal chance of increasing or decreasing in price over the next month. the stated probability is most likely based on intuition, an educated guess, or an estimate. the stated probability is the relative frequency of the stock price increasing in past months. the stock's chance of increasing in price is the same in every month