Asked by
Victor David
on Oct 17, 2024
Verified
Probability of a specific event is a measure between 0(impossible)and 1(certainty)of whether an event is likely to happen.
Specific Event
A distinct occurrence or happening, often of particular importance or significance, that takes place at a certain time and location.
- Gain insight into the notions of objective and subjective probability and their utilization in decision processes.
Verified Answer
SS
Learning Objectives
- Gain insight into the notions of objective and subjective probability and their utilization in decision processes.
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