Answer:
See the explanation
Step-by-step explanation:
<h2>Analytic View:</h2>
If and event can occur in A number of way and fail in B number of ways, then probability of its occurrence is:

or probability of its failing is:

<h3>Example:</h3>
Rolling a number smaller than 3 in a dice.
A= 2 (1,2)
B = 4 (3,4,5,6)

<h2>Relative Frequency View:</h2>
Definition of Probability in terms of past performances (data). It can be taken as how often things happens divided by all outcomes.
<h3>Example:</h3>
A batter has 50 safe hits at 200 bats, which makes his batting average
which is the probability.
<h2>Subjective View:</h2>
When you define a probability due to personel beleif in the likelihood of an outcome. It involve no formal calculations and varies from person to person, depending on their past experience.
<h3>Example:</h3>
A person beleives that probability that the batter will hit safely in the next bat is 0.75
Answer:
The updated IQR is 14.54.
Step-by-step explanation:
The interquartile range is given by the difference between the 75th percentile(value that is greater than 75% of the measures) and the 25th percentile.
This means that each piece of wood is actually 5 inches shorter than the value recorded by the employee.
This means that the length of each wood is less than 5. However, the difference between the 75th percentile and the 25th percentile will stay the same, since both were subtracted by 5.
The updated IQR is 14.54.
$2,800 because you would just add 1400 and 1400