In each of the following, indicate what method of probability assessment would most likely be used to assess the probability a. The probability that a company's new product will succeed. b. The probability that next card in the deck will be black. c. The probability that the local bakery will sell more than five loaves of bread tomorrow. a. "The probability that a company's new product will succeed" is an example of which type of probability? Classical O Relative O Subjective O The type cannot be determined based on the information given. b. "The probability that next card in the deck will be black" is an example of which type of probability? O Relative O Classical O The type cannot be determined based on the information given. O Subjective c. "The probability that the local bakery will sell more than five loaves of bread tomorrow" is an example of which type of probability? O Subjective The type cannot be determined based on the information given. O Classical Relative