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Question
fill in the blank 2 points 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 a nine - year period is 0.08. this is an example of subjective probability, since the stated probability is n
Classical probability is based on equally - likely outcomes. Empirical probability is based on observed data from experiments or past records. Subjective probability is based on personal judgment or belief. Here, the probability is likely based on company records (observed data), so it is empirical probability. It is not subjective as it is not just a personal opinion but data - driven.
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empirical; the probability is based on company records (observed data)