A method of assigning probabilities based upon judgment is referred to as the _____.
A) relative frequency method
B) probability method
C) classical method
D) None of the answers is correct.

Question

Quizplus · Accepted Answer

The method of assigning probabilities based on judgment does not match any of the given options directly. The relative frequency method relies on historical data, the classical method assumes equally likely outcomes, and "probability method" is not a standard term used for assigning probabilities based on judgment. Assigning probabilities based on judgment is often referred to as the subjective probability approach, which is not listed among the options.

A Method of Assigning Probabilities Based Upon Judgment Is Referred