Question: Classify the following statement as an example of classical probability, empirical probability, or subjective probability. Explain your reasoning. According to a survey, the probability that

Classify the following statement as an example of classical probability, empirical probability, or subjective probability. Explain your reasoning. According to a survey, the probability that an adult chosen at random is in favor of a tax cut is about 0.53. Question content area bottom Part 1 This is an example of empirical subjective classical probability, since the stated probability is calculated based on observations of adults' opinions. every adult has an equal chance of being in favor of a tax cut. it deals with a continuous period rather than a fixed number of trials. the chance of an adult being in favor is equal to the chance of an adult not being in favor. the stated probability is most likely based on intuition, an educated guess, or an estimate

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!