Your Friend Dimitre Tells You That He Thinks That His

question 102

Multiple Choice

Your friend Dimitre tells you that he thinks that his favorite basketball team has a 70% chance of winning the next game.This is an example of

• A)an objective probability.
• B)a subjective probability.
• C)a risk-averse statement.
• D)Friedman-Savage preferences.

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Definitions:

Traditional Square

A method of analyzing categorical propositions in the field of logic, typically involving the relationships between universal and particular statements.

Propositions

Assertions or statements that present an idea or opinion for consideration or debate.

Opposition

In logic and philosophy, the relation between two propositions that have corresponding subject and predicate but differ in quality, such as one being affirmative and the other negative.

Non-categorical

Pertaining to concepts or items not organized according to a specific category or class.