Explain the difference in given two probabilities

Assignment Help Basic Statistics
Reference no: EM131411693

You are about to enroll in a course for which you know that 20% of the students will receive As. Do you think that the probability that you will receive an A in the class is .20?

Do you think the probability that a randomly selected student in the class will receive an A is .20? Explain the difference in these two probabilities, using the distinction between relative frequency probability and personal probability in your explanation.

Reference no: EM131411693

Questions Cloud

Which were uncertain because of alicias lack of knowledge : Which of them were uncertain because the outcome was not yet determined and which were uncertain because of Alicia's lack of knowledge of the outcome?
How is the recession linked to ethical business practice : How is the recession linked to ethical business practice? Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references
Few postings about external analysis and environment : There have been a few postings about the external analysis and environment. So far, the actual elements of the external environment have not been described. What are the elements that comprise the external environment of an organization? Provide an e..
Calculate all the ratios for each company : If you were to analyze a grocery chain and insurance company, you would calculate all the ratios for each company. Why would the inventory turnover ratio be more important when analyzing a grocery chain than an insurance company? (300 words or mor..
Explain the difference in given two probabilities : Explain the difference in given two probabilities, using the distinction between relative frequency probability and personal probability in your explanation.
Which of the following statements is true of the warn act : Which of the following statements is true of the WARN Act? Which of the following is true of the assumption of risks during delivery of goods
Write the logic equations and sketch the logic diagram : For the following circuit with the given state assignment, find a clocked JK flip-flop implementation. Write the logic equations and sketch the logic diagram.
Could simulation be used to find probabilities : Does using simulation to estimate probabilities rely on the relative frequency or the personal probability interpretation of probability? Explain. Whichever one you chose, could simulation be used to find probabilities for the other interpretation..
Constrain the accomplishment of a project objective : Explain the four factors that constrain the accomplishment of a project objective and what steps can be taken to mitigate the constraint also discuss the steps involved in the project management process and why they are necessary.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd