Question: For a. was releative frequency used or classical approach or subjective approach and why? b. How do you interpret the probability? Problem 2E: Chapter: CH6

For a. was releative frequency used or classical approach or subjective approach and why?

b. How do you interpret the probability?

Problem 2E: Chapter: CH6 Problem: 2E A sportscaster states that he believes that the probability that the New York Yankees will win the World Series this year is 25%. a. Which method was used to assign that probability? b. How would you interpret the probability

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