# Subjective Probability Examples

Not what you're looking for?

What is meant by subjective probability? Provide a definition and an example.

##### Purchase this Solution

##### Solution Summary

This solution explains the concept 'subjective probability' through definition and example.

##### Solution Preview

1. What is meant by 'subjective probability'? Give a definition and an example.

Subjective Probability

A subjective probability describes an individual's personal judgment about how likely a particular event is to occur. It is not based on any precise computation but is often a reasonable assessment by a knowledgeable person.

A subjective probability describes an individual's personal judgment ...

##### Purchase this Solution

##### Free BrainMass Quizzes

##### Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

##### Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

##### Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

##### Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.