document.write( "Question 802583: I have a quick question: What is the difference between classical probability, empirical probability or subjective probability? \n" ); document.write( "
Algebra.Com's Answer #483960 by stanbon(75887)\"\" \"About 
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What is the difference between
\n" ); document.write( "classical probability::: By definition P(event) = (# of ways to succeed)/(# of possible outcomes.
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\n" ); document.write( "empirical probability::: You run an experiment with a coin. Based on
\n" ); document.write( "observation you conclude P(heads) = # of heads you get/# of tosses of the coin
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\n" ); document.write( "subjective probability::: You speculate that the probability it will rain
\n" ); document.write( "tomorrow is 40%
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.\r
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