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July 6, 2015

Homework Help: Math

Posted by Morris on Saturday, November 19, 2011 at 4:44pm.

Which probability interpretation is most reasonable to use: relative frequency, subjective, or classical?

The probability your company's sales will exceed seven million dollars this year. Is this relative frequency?

The probability that the S&P will increase or decrease by at least 25 points in one day? Is this classical?

The probability that you will get a ticket if you drive 70 mph on the interstate between work and home this coming Tuesday. Is this relative frequency?

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