<PRE><B>Question 802583</B>
What is the difference between 
classical probability::: By definition P(event) = (# of ways to succeed)/(# of possible outcomes.
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empirical probability::: You run an experiment with a coin. Based on
observation you conclude P(heads) = # of heads you get/# of tosses of the coin
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subjective probability::: You speculate that the probability it will rain
tomorrow is 40%
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Cheers,
Stan H.

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