What term is used to describe the type of probability that involves a personal judgement of the likely range of outcomes and the likelihood of their occurrence?
A) Subjective
B) Personal
C) Calculated
D) Objective

Question

Quizplus · Accepted Answer

The term used to describe the type of probability that involves a personal judgement of the likely range of outcomes and the likelihood of their occurrence is subjective probability. This type of probability is based on personal experience, opinion, and judgement, rather than on mathematical calculations or objective data.

What Term Is Used to Describe the Type of Probability