Which refers to one's personal judgment about whether a specific outcome is likely to occur?
A) framing effects
B) probability matching
C) subjective probability
D) subjective utility

Question

Quizplus · Accepted Answer

Subjective probability refers to one's personal judgment about the likelihood of a specific outcome. It is a personal evaluation that takes into account one's personal experiences, beliefs, and biases.

Which Refers to One's Personal Judgment About Whether a Specific