A dam on a river that holds back a water reservoir begins to leak. Engineers say that there is a 10 percent chance of the dam breaking if repairs are not made. This is an example of classical probability.

Question

Quizplus · Accepted Answer

This is an example of subjective probability because the estimation of the dam breaking is based on expert judgment or experience rather than precise mathematical calculations or equally likely outcomes.

A Dam on a River That Holds Back a Water