Answer:
Step-by-step explanation:
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Answer:
12/5
Step-by-step explanation:
This cracker should be manufactured because the percent of people thinking the cracker tasted best is greater than the competitor's cracker. This means you will know that your cracker and it's quality is at least better than the two others.
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