a. Name the three main sources of probability numbers. b. What is the equally likely rule? c.

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a. Name the three main sources of probability numbers.
b. What is the equally likely rule?
c. Are you allowed to use someone’s guess as a probability number?
d. What is the difference between a Bayesian and a frequentist analysis?

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Practical Business Statistics

ISBN: 9780123852083

6th Edition

Authors: Andrew Siegel

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Question Posted: Nov 11, 2015 03:48 AM

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a. Name the three main sources of probability numbers. b. What is the equally likely rule? c.

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a 1 Relative frequency by experiment and historical observation 2 Theore...View the full answer

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