People often use probability statements to describe events that can only happen once. For example, a political consultant may offer their opinion about the probability that a particular candidate may win the next election. Probability statements like these are based on ________ probabilities.

A) frequency-based
B) objective
C) subjective
D) universally known

Question

Austin Ragsdale · Accepted Answer

Final Answer : C, Explanation :  Since the event can only happen once, it cannot be based on frequency or universally known probabilities. Probability statements in this case are based on subjective beliefs or opinions. Objective probabilities are based on mathematical calculations or empirical evidence, which may not be applicable in this scenario.

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