Consider these statements regarding probability: \"There is a fifty percent prob
ID: 3177806 • Letter: C
Question
Consider these statements regarding probability: "There is a fifty percent probability that I will have the midterm exam grades posted by the third day after the exam due date." Does this statement involve classical, empirical, or subjective probability? Next, consider another probability-based statement: "There is a fifty percent probability that Candidate X will be elected as President in 2020." Is the second statement based on the same type of probability as the first claim? If not, what is the difference?
Explanation / Answer
firrst case is subjective probabilty cause it has been calulated on the basis of judgement.
While second canse is empirilcal probabilty where probabilty might be calculated from taking a survey from sample of people who are eligible for voting