A _____________ of an outcome is a number between 0 and 1 that expresses an individual's judgment of how likely the outcome is.
A) personal probability
B) expected value
C) correlation
D) randomness
E) possibility

Question

Quizplus · Accepted Answer

A personal probability is a subjective assessment of the likelihood of an outcome, expressed as a number between 0 and 1. It is based on individual judgment and may differ from other people's probabilities. Other options like expected value, correlation, randomness, and possibility do not directly relate to expressing the probability of an outcome.

A _____________ of an Outcome Is a Number Between 0