A method of assigning probabilities based upon judgment is referred to as the
A)relative method
B)probability method
C)classical method
D)subjective method

Question

Quizplus · Accepted Answer

The subjective method involves assigning probabilities based upon judgment or personal belief rather than an objective calculation or past data. This method is also sometimes referred to as the personal probability method.

A Method of Assigning Probabilities Based Upon Judgment Is Referred