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Subjective probabilities

• Probabilities that are determined subjectively (for example, on the basis of judgment rather than using statistical sampling).

 
 Embedded terms in definition
 Basis
Judgment

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Studies indicate that the one quality all successful people have is persistence. They're willing to spend more time accomplishing a task and to persevere in the face of many difficult odds. There's a very positive relationship between people's ability to accomplish any task and the time they're willing to spend on it. Dr. Joyce

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