Objective probability is

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    attached to a likely outcome based upon the frequency with which the event tends to occur.
     attached to a likely outcome based upon a persons judgment or experience, and needs to correspond to frequency of actual outcomes observed..
     attached to a likely outcome based upon a persons judgment or experience, and is not based on actual outcomes observed..
     attached to a unlikely outcome based upon the rarity with which an event will occur.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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attached to a likely outcome based upon the frequency with which the event tends to occur.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)

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