Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. classify the following statement as an example of

Classify the following statement as an example of classical probability empirical probability or subjective probability...

90.2K

Verified Solution

Question

Statistics

image

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 an eight year period is 0 26 This is an example of probability since C the stated probability is calculated based on observations from the company records each washing machine has an equal chance of needing repairs during the period a washing machine is as likely to need repairs as it is to not need repairs it deals with a continuous period rather than a fixed number of trials tuition an educated guess or an estimate

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Please list and discuss 5 translational opportunities based on the research in designing football helmets to...

Mechanical Engineering
Q

Watch an episode of Shark Tank on the internet or on CNBC or on-demand through cable...

General Management
Q

Classify all of the units in Z3[i] and Z5[i]. List them all in each case. (ring...

Advance Math
Q

OA company recently hired a payroll service provider to process its payroll-that service provider has essentially...

Accounting
Q

12 Which type of cartilage forms the intervertebral disc A Hyaline cartilage B Elastic cartilage...

Biology
Q

A mass of 2 grams is acted on by a restoring force 10 dynes cm...

Physics
Q

Is AABC ADEF A B AAS No HL m ASA F are the triangles are...

Geometry
Q

List the elements of 3 corresponding to event E that at least two of the...

Basic Math
Q

Use the following table: Case X Case Y Case Z...

Accounting
Q

Analyzing, Interpreting, and Capitalizing Operating Leases On January 1, 2020, Alexander Mack Adventures Inc. entered...

Accounting
Q

ABC Corporation manufactured 21,000 air conditioners during November. Direct materials cost of 21,000 air conditioners...

Accounting
Q

I need help with this problem thank you Calculate the simple interest...

Finance