Scenario 5.1: Aline and Sarah Decide to Go into Business Together as Together

Multiple Choice

Scenario 5.1:
Aline and Sarah decide to go into business together as economic consultants. Aline believes they have a 50-50 chance of earning $200,000 a year, and that if they don't, they'll earn $0. Sarah believes they have a 75% chance of earning $100,000 and a 25% chance of earning $10,000.
-Refer to Scenario 5.1. The probabilities discussed in the information above are:

A) objective because they are single numbers rather than ranges.
B) objective because they have been explicitly articulated by the individuals involved.
C) objective because the event hasn't happened yet.
D) subjective because the event hasn't happened yet.
E) subjective because they are estimates made by individuals based upon personal judgment or experience.