One of your classmates lives in the same locality where you stay. One of the classmates car

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One of your classmates lives in the same locality where you stay. One of the classmate’s car broke down yesterday. You suspect there is a 90% of chance that she will call you for a ride to school today as you are the only one who resides near her.

a. Which probability assessment approach did you use for the given situation? Explain.

b. Is the relative frequency assessment approach applicable for this situation? State your reason.

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Business Statistics

ISBN: 9781292220383

10th Global Edition

Authors: David Groebner, Patrick Shannon, Phillip Fry

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