MATH SOLVE

4 months ago

Q:
# Indicate whether classical, empirical, or subjective probability should be used to determine each of the following probabilities. (a) The probability that there will be at least 19 tropical storms this summer. (b) The probability that the next roll of a fair die will land on the one. (c) The probability that a company's new product will succeed. (d) The probability that the ticket 6 3 8 9 5 will win the lottery

Accepted Solution

A:

Answer:a) Empirical probabilityb) Classical probability c) Subjective probability d)Classical probabilityStep-by-step explanation:First at all, lets clarify every concept.Classical probability: is calculated based on theoretical concepts without actually conducting the experiment.Empirical probability: Is calculated after conducting the experiment with. It is based on observation.Subjective probability: It is derived from an individual's personal judgement or own experience.a) Empirical probability= It is based on past data, obtained from numbers of storms registered in past summers.b) Classical probability = We know the number of faces in a die, based on it we can calculate the probability without making the experiment.c) Subjective probability = We have no data about it. The probability is just a guess or an opinion.d)Classical probability = Same as b). As the total numbers in the lottery are known and based on it we can calculate the probability of win the lottery with any ticket.