F2Classify 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 0.41.This is an example of#✓380F3EToDC4probability, sinceclassicalempirical$subjectiveaF4RF%5VF5TG6MacBook AirBF6Y&7HF7C3N* 008DIIFB1(9MKF9O)OTime Remaining: 01:F10I'P4F11 NClassify 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 0.41.This is an example of0²x#380F3EDC$4probability, sinceaRFL%5V9F5Tevery adult has an equal chance of being in favor of a tax cut.the chance of an adult being in favor is equal to the chance of an adult not being in favor.the stated probability is calculated based on observations of adults' opinions.it deals with a continuous period rather than a fixed number of trials.the stated probability is most likely based on intuition, an educated guess, or an estimate.G^6MacBook AirBY&7H4F7UN* 0081DIIF8(9MF9KOOV-Time RemainingF10LI'P

Classical : used when each outcome has equal chance to occur Empirical : It is based on…

Answered: Classify the following statement as an…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Classify the following statement as an example of classical probability, empirical probability, or subjective probability. Explain your reasoning. An analyst feels that a certain stock's probability of increasing in price over the next month is 0.69. This is an example of probability, since classical empirical subjective
which of the following is a certain probability? 1.0.99 2.0.50 3.0.25 4.0.00
Several friends chartered a boat for a day's fishing. They caught a total of 70 fish. The table below provides information about the type and number of fish caught. Determine the empirical probability that the next fish caught is a flounder. Fish Number caught Grouper 12 Shark 16 Flounder Kingfish 38
Have you ever wondered about the likelihood of an event occurring? Whether it’s the odds of your favorite football team winning on Sunday or how much you pay for car insurance, probability concepts can play a role in making those determinations. Respond to the following questions in a minimum of 175 words: Consider a situation that you might need to use your understanding of probability to make an informed decision. What sorts of information would you collect? How might you use what you have learned about probability to determine a course of action? What are the possible benefits and limitations of this approach?
As the plant operations manager for Oxford Biotech, you are responsible for monitoring the amount of product placed in each carton. To be consistent with package labeling, cartons should contain a mean of 368 grams of product. Thousands of cartons are produced during a shift, and weighing every single carton was determined to be too time-consuming, costly, and inefficient. Instead, a random sample of cartons is selected. Based on your analysis of the sample, you had to decide whether to maintain, alter, or shut down the process. Using the concept of the sampling distribution of the mean, you can determine the probability that such a sample mean could have been randomly selected from a population with mean of 368 grams. Specifically, if a sample size of n = 25 is selected from a population with mean of 368 grams and standard deviation of 15, the probability of selecting a sample with a mean of 365 grams or less is Enter your answers using 4 decimal places (Do NOT enter as a percentage).
At a particular college 19 percent of the students major in business. All business majors are required to take a statistics course. Of the students not majoring in business, 31 percent of them still have to take a statistics course. What is the probability that a student has to take a statistics course at this particular college? Type your answer as a decimal to 4 decimal places.
You are planning a three-day trip to Seattle, Washington, in October. Use the fact that on each day, it could either be sunny orrainy, and that each day is equally likely to be sunny or rainy to answer the following question. What is the probability that it is sunny ONE day? Give answer in integer form or decimal. Do not round. I already tried submitting 0.875 but it says it's wrong.
PROBABILITY IS CLASSIFIED AS EITHER EMPIRICAL SUBJECTIVE OR __________ PROBABILITY.
The table below shows the number of deaths in the U.S. in a year due to a variety of causes. For these questions,assume these values are not changing from year to year, and that the population of the United States is 312 millionpeople. Cause of Death in US Cause Number of deaths Passenger car occupant 13,100 Motorcycle driver 4,500 Tornado 553 Skydiving 56 What is the probability that you died as a passenger car occupant last year?
Classify the following statement as an example of classical probability, empirical probability, or subjective probability. Explain your reasoning. According to company records, the probability that a washing machine will need repairs during an eight-year period is 0.14. This is an example of probability, since
Keep your eyes and ears open as you read or listen to the news this week. Find/discover an example of statistics & probability in the news. Was it explained well, or poorly? What is the context? Do you think anything about the article is misleading? Can you make any inferences based on it? Initial post due Monday: Do you think that the statistics in the article would convince the reader of anything? Explain why or why not by referencing examples from the article.

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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 0.41. This is an example of probability, since