Q 1 The Victorian government has proposed a new bus network to south east regional Victoria. A survey is sent out to residents asking questions which relate to:

1. The resident's age
2. Frequency of bus use
3. Usual ticket type purchased
4. Main purpose of using the bus

(i)Describe the population

(ii)Identify the possible scale of measurements on answers related to each of the questions.

(iii)Develop one more categorical question and specify the scale of measurement.

(b)Discuss the main methods use to assign probabilities. Support your answer with suitable examples and critically review the use of each of these methods in real world business decision makings.