Question: (a) What is your subjective probability that it will rain tomorrow? (b) What in your opinion are the odds in favor of rain tomorrow? (c)

(a) What is your subjective probability that it will rain tomorrow?

(b) What in your opinion are the odds in favor of rain tomorrow?

(c) Are your answers to

(a) and

(b) consistent? If not, why not?

(d) When “precipitation probabilities” are given out to the public, how do you interpret them? How do you think the average person interprets them?

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