CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

An economic analyst says that the probability of Alan Greenspan announcing a rate cut next week is 0.45 or 45%. This is an example of what type of probability?
A. relative frequency or empirical
B. classical or a priori
C. subjective
Explanation: The correct answer is subjective since this probability is an educated guess based on the analyst's personal belief or experience.

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