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Consider the following cases and ascertain the best probability method to be used in each case. Case 1: The probability of the sales growth rate

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Consider the following cases and ascertain the best probability method to be used in each case. Case 1: The probability of the sales growth rate of a company exceeding its historical average in the next decade is 75%, considering the recent demographic events. Case 2: The prospect of the share price going down has a probability of 33.33%. Case 3: The net income distribution based on the past 10 years is used as it is to prepare financial budgets. Empirical Probability Subjective Probability Priori Probability A. Case 3 Case 2 Case 1 B. Case 2 Case 1 Case 3 C. Case 3 Case 1 Case 2 Row B Row C e Row A

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