Q. Looking at probability in research, which do you believe is the best approach between classical, empirical, and subjective? Explain
Response
The classical approach is based on reasoning while subjective is based on personal judgment or experience (due to personal judgment or experience, the subjective approach can be inaccurate). Therefore, the empirical approach is the most effective and preferred choice. The empirical approach gives a direct result as it offers an illustration of the occurrence of an event based on given historical data. The conclusion is also true for the empirical approach since large sample sizes are used. The approach is also easy to perform.
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Q. When working with research, would you rather use conditional or joint probability? Explain.
Response
A joint probability is described as the measure of a given two events occurring similar times. Joint probability can be applied where more than a single observation occurs at similar times- that is event Y happens at the same time as event X. On the other hand, the conditional probability is a type of probability where an event will occur given that a different event or action occurs. The conditional probability asserts that the chance of an event occurring is conditional on a different event occurring. On the two differences, I would rather use the conditional probability because the conditional probability is also used to do calculations involving joint probability as in the formula- P(X∩Y)=P(X ∣ Y)×P(Y) Hence, other components can be identified and known with the conditional probability application.