Subjective Statistics
Loading...
Authors
Jenusaitis, John A.
Issue Date
1976-02-05
Type
Thesis
Language
en_US
Keywords
Statistics , Subjective probability
Alternative Title
Abstract
The following experiment first discusses what subjective probability, or statistics, actually is. It has been found that subjective probability follows the laws of objective probability but differs from person to person and event to event. In the experiment the author shows, using the lottery, that a good number of people take risks in everyday life, therefore, using the concept of subjective probability. A questionnaire was given to three different groups of people; a) professionals, b) college students, and c) factory workers. This was done in order to find out if there was any difference in the way they bet, using the lottery. It was found that the factory workers bought more tickets, but subjectively no significance could be found that they thought they had a greater chance of winning.
Description
This thesis is being archived as a Digitized Shelf Copy for campus access to current students and staff only. We currently cannot provide this open access without the author's permission. If you are the author of this work and desire to provide it open access or wish access removed please contact the Wahlstrom Library to discuss permission.
Citation
J.A. Jenusaitis, "Subjective Statistics", Thesis, School of Education, Univ. of Bridgeport, Bridgeport, CT, 1976.