Classify the following statement as an example of classical probability empirical probability or subjective probability...
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Classify the following statement as an example of classical probability empirical probability or subjective probability Explain your reasoning According to company records the probability that a washing machine will need repairs during an eight year period is 0 26 This is an example of probability since C the stated probability is calculated based on observations from the company records each washing machine has an equal chance of needing repairs during the period a washing machine is as likely to need repairs as it is to not need repairs it deals with a continuous period rather than a fixed number of trials tuition an educated guess or an estimate
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