Objective probabilities that can be stated prior to the occurrence of an event are
A) deterministic or probabilistic.
B) subjective or objective.
C) classical or a priori.
D) relative or subjective.

Question

Quizplus · Accepted Answer

Objective probabilities that can be stated prior to the occurrence of an event are known as classical or a priori probabilities. These probabilities are based on the assumption of equally likely outcomes in a finite sample space. This is in contrast to subjective probabilities which are based on personal beliefs, and probabilistic outcomes which are based on empirical data. Deterministic probabilities refer to events which are certain to occur, while probabilistic probabilities refer to events with a level of uncertainty. Relative probabilities refer to the likelihood of an event relative to other events, while subjective probabilities are based on personal opinions or beliefs.

Objective Probabilities That Can Be Stated Prior to the Occurrence