What method of probability assessment would most likely be used to assess the pr

Question

What method of probability assessment would most likely be used to assess the probability that a major earthquake will occur in California in the next three years?

Classical probability based on the ratio of the number of ways the event can occur

Relative frequency based on previous history

Subjective probability based on expert opinion

Independent probability based on two unrelated outcomes

Classical probability based on the ratio of the number of ways the event can occur

Relative frequency based on previous history

Subjective probability based on expert opinion

Independent probability based on two unrelated outcomes

Explanation / Answer

Subjective probability based on expert opinion

Subjective probability based on expert opinion

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