Question

classify the statement as an example of classical probability, empirical probability, or subjective probability. the probability that a new fast - food restaurant will be a success in chicago is 35%. empirical classical subjective

Explanation:

Classical probability is based on equally - likely outcomes. Empirical probability is based on observed data. Subjective probability is based on personal judgment or opinion. The probability that a new fast - food restaurant will be a success in Chicago is a personal estimate, not based on equally - likely outcomes or observed data.

Answer:

subjective