POST MAT220 UNIT 3 AND UNIT 4 DISCUSSIONS

UNIT 3What method of assigning probability (relative frequency, classical, or
subjective) discussed in Unit 3 do you feel is the most appropriate to
use and why? In your response, please provide an example that is not
found in your text.UNIT 4After reading the example of where probability values can be used in
managerial decision-making to establish a product guarantee, post a
comment where you think probability could be used to help solve
management questions/problems. Think of something at work, past or
present, where you could apply the techniques in the example to assist
in making the best decision. If you can’t draw on a life experience,
then think of a product/issue where this process could be applied.
Please explain your answer.