Chapter 5.1, Problem 5PB

World Cup 2014 The powerrank.com website (http://thepowerrank.com/2014/06/06/world-cup-2014-winprobabilities-from-the-power-rank/) listed the probability of each team to win the 2014 World Cup in soccer as follows:

1. 1. Brazil, 35.9%.
2. 2. Argentina, 10.0%.
3. 3. Spain, 8.9%.
4. 4. Germany, 7.4%.
5. 5. Netherlands, 5.7%.
6. 6. Portugal, 3.9%.
7. 7. France, 3.4%.
8. 8. England, 2.8%.
9. 9. Uruguay, 2.5%.
10. 10. Mexico, 2.5%.
11. 11. Italy, 2.3%.
12. 12. Ivory Coast, 2.0%.
13. 13. Colombia, 1.5%.
14. 14. Russia, 1.5%.
15. 15. United States, 1.1%.
16. 16. Chile, 1.0%.
17. 17. Croatia, 0.9%.
18. 18. Ecuador, 0.8%.
19. 19. Nigeria, 0.8%.
20. 20. Switzerland, 0.7%.
21. 21. Greece, 0.6%.
22. 22. Iran, 0.6%.
23. 23. Japan, 0.6%.
24. 24. Ghana, 0.6%.
25. 25. Belgium, 0.4%.
26. 26. Honduras, 0.3%.
27. 27. South Korea, 0.3%.
28. 28. Bosnia-Herzegovina, 0.3%.
29. 29. Costa Rica, 0.3%.
30. 30. Cameroon, 0.2%.
31. 31. Australia, 0.2%.
32. 32. Algeria, 0.1%.
    1. a. Interpret Brazil’s probability of 35.9%, which was based on computer simulations of the tournament. Is it a relative frequency or a subjective interpretation of probability?
    2. b. Germany would emerge as the actual winner of the 2014 World Cup. Does this indicate that the 7.4% chance of Germany winning, which was calculated before the tournament, should have been 100% instead?