Which of the Following Is True of Subjective Probability

question 15

Multiple Choice

Which of the following is true of subjective probability?

• A) It is a measure of the historical frequency of an uncertain event.
• B) It is a measure of the frequency of a certain event.
• C) It represents the decision maker's best assessment, based on current information, of the likelihood of an uncertain event.
• D) It represents an intuitive and ad hoc assessment.
• E) It measures the degree of variation around the mean.

---

Definitions:

Methods

Techniques or procedures followed to achieve specific goals or tasks.

Web Presentation

The act of delivering content or information to an audience through a web-based platform or application.

Audience Participation

The involvement of spectators or listeners in the action of a performance or event, often as part of an interactive experience.

Web Presentations

Digital slideshows or seminars conducted over the internet, allowing remote access and interaction from viewers worldwide.