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According to the Text, Objective Measures Are Always Preferable to Subjective

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According to the text, objective measures are always preferable to subjective measures because:


Definitions:

Sample Point

A single outcome from a statistical experiment.

Event

An occurrence or result that can be defined within a certain context, particularly in probability and statistics.

Sample Points

Specific outcomes or members of the sample space in a statistical experiment, each representing a possible result.

Probability

The assessment of how probable an event is to occur, measured on a scale from 0 to 1.

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