How do subjective probabilities differ from objective probabilities? Question 16Answer a. Subjective probabilities are based on a coin flip, while objective probabilities are based on an individual's beliefs, opinions, and experiences b. Subjective probabilities are based on statistical analysis, while objective probabilities are based on an individual's beliefs, opinions, and experiences c. Subjective probabilities are based on objective, observable data, while objective probabilities are based on an individual's beliefs, opinions, and experiences d. Subjective probabilities are based on an individual's beliefs, opinions, and experiences, while objective probabilities are based on objective, observable data