Question
1. Define the different methods for assigning probabilities and present examples of each: - Estimated subjective probability -Probability by relative frequency -Estimated classical probability -combinations
1. Define the different methods for assigning probabilities and present examples of each:
-Estimated subjective probability -Probability by relative frequency -Estimated classical probability -combinations -permutations
2. Make a critical summary of the binomial probability distribution and the normal distribution.
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Principles Of Econometrics
Authors: R Carter Hill, William E Griffiths, Guay C Lim
5th Edition
1118452275, 9781118452271
