1. State whether the following is a classical or Bayesian (subjective) probability, and explain why (1 pt for correct id and 1 pt for explanation): a. The chance of getting a 5 on a fair 6-sided die is 1/6. b. The chance that the shelter-at-home restrictions in the SF Bay Area will be lifted by May 3 is 50%. c. There is a 95% chance of an additional major correction (drop of 20% or more) in the stock market in the next 2 months. d. The chance a baby will be born male is 51%. (Hint: this). e. If you flip a fair coin many times, about 50% of the time you will have gotten heads.

a. Classical Probability.

b. Classical Probability.

c. Bayesian Probability

d. Bayesian Probability.

e. Classical Probability.

Explanation:

In classical probability, each event has an equal likelihood of occurring.

However, Bayesian probability is a probability based on belief or a state of knowledge.

a. The chance of getting a 5 on a fair 6-sided die is 1/6.

This is a Classical Probability. There are 6 sides and getting each side has an equal probability of 1/6.

b. The chance that the shelter-at-home restrictions in the SF Bay Area will be lifted by May 3 is 50%.

This is also a Classical Probability. The are two possible occurrences, either it will be lifted or not and each has an equal probability of 50%.

c. There is a 95% chance of an additional major correction (drop of 20% or more) in the stock market in the next 2 months.

This is an example of Bayesian Probability as it is based on the belief of the speaker probably from his/her analysis of the trend in the stock market.

d. The chance a baby will be born male is 51%.

This is an example of Bayesain Probability. Each gender is supposed to have an equal chance of 50%.

e. If you flip a fair coin many times, about 50% of the time you will have gotten heads.

In a fair coin, the Probability of getting a head or a tail is equal. Since the probability given is 50%, it is a Classical Probability.

answer: x

step-by-step explanation:

median is the value separating the higher half of a data sample, a population or probablity distribution from the lower half.

step-by-step explanation:

say you have 3,8,7,3,1,9,8 order them from lowest to highest

if orderd it would be 1,3,3,7,8,8,9 now you take away from the lowest and the highest until you end up in the middle.

so you would remove the 1 and 9 leaving you with 5 digits remaining

when you've reached the middle that would be your answer so in this case the answer is 7

if there were two numbers left say 7 and 5 you'd and them together so 12 then divide by 2 witch would equal 6 so the answer would be 6

good luck on that project hoped i you at all