Subjective probability assessments depend on
A)the total number of trials.
B)the relative frequency of occurrence.
C)the number of occurrences of the event.
D)experience and judgment.
E)None of the above

Question

Quizplus · Accepted Answer

Subjective probability assessments rely on personal experience and judgment, rather than objective measures such as total number of trials or frequency of occurrence. It is based on an individual's own perception and estimation of the likelihood of an event occurring.

Subjective Probability Assessments Depend on