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a clothing production facility schedules their production based on the odds of Purdue's basketball team making the NCAA tournament final 8, and final 4 and

a clothing production facility schedules their production based on the odds of Purdue's basketball team making the NCAA tournament final 8, and final 4 and championship (0.3, 0.2, 0.1). What types of assessment are they following: a. Classical probability assessment b. Relative frequency assessment c. Subjective probability assessment d. Bayesian assessment approach.

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