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7 Which of the following statements are true about probability (more than one may be correct)? (5 pts) 2 a Can be determined both objectively or subjectively b. The law of large numbers only applies to objective probabilities c Al events in a statistical experiment must have a probability of occurrence d Every event in a statistical experiment has the same chance of occurring e Subjective probabilities follow the usual axioms of probability
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Answer #1

(a) Can be determined both objectively or subjectively-True.

(b) The law of large numbers only applies to objective probabilities.-True.

(c) All events in a statistical experiment must have a probability of occourance.-True.

(d) Every event in a statistical experiment has the same chance of coocuring-False.

(e) Subjective probabilities follow the usual axioms of probability-False

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