Compute the relative frequency that the event occurred

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Reference no: EM133411532

Question: A dealer deals out two cards from a 52-card deck and the outcome is observed. Consider the following event: The two cards are of different suits.

There are 1014 possible outcomes for this event. Using classical method, we get 1014/1326= 0.7647

Using Microsoft Excel, complete the following steps

Write an Indicator Variable (0 or 1) to reflect whether the event occurred at each trial of the card simulation.

Compute the relative frequency that the event occurred at each trial of the card simulation

Reference no: EM133411532

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