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Question
which type of probability was used in the following example? the probability that you will complete your college education (that is, graduate) in five years or less is 60%.
○classical
○experimental
○subjective
Classical probability is based on equally - likely outcomes, experimental probability is based on actual experiments or observations. The given probability of graduating college in five years or less is a personal or subjective estimate, not based on equally - likely outcomes or actual experiments.
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C. Subjective