Question

Quantitative Aptitude
Question 10 of 20
I. An Australian cricket team fan says, "There is 70% chance that Australia will win the toss."
II. Match referee says," Both teams hold equal chance of winning the toss."
Choose the correct option:
Olis subjective probability and Il is objective probability
Olis objective probability and Il is subjective probability.
Both I & II are subjective probability
The statements do not support theory of probability
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Answer 1

Step-by-step explanation:

Both I & II are subjective probability

Answer 2

Answer: The statements do not support the theory of probability

Step-by-step explanation:

As an Australian cricket team fan says, "There is 70% chance that Australia will win the toss."

As the probability of an event is defined as the ratio of the number of favorable outcomes to the total number of outcomes. The same applies to the coin toss probability formula as well.

As Probability = Number of favourable outcomes/Total number of outcomes

So when a coin is tossed, there are only two possible outcomes. Therefore, using the probability formula:

On tossing a coin, the probability of getting a head is: P(Head) = P(H) = 1/2

Similarly, on tossing a coin, the probability of getting a tail is: P(Tail) = P(T) = 1/2

And as the match referee says," Both teams hold an equal chance of winning the toss."

So Both I & II are subjective probability.

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