A car salesman states that the probability that the dealership sells a car on a Saturday morning is .30. The method of probability assessment that he has used is most likely classical assessment.

Question

Quizplus · Accepted Answer

The method used is most likely empirical (or statistical) probability assessment, as it is based on past data or experience (e.g., historical sales data on Saturday mornings) rather than theoretical outcomes.

A Car Salesman States That the Probability That the Dealership