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PROBABILITY DISTRIBUTION
Ordinarily speaking the probability of an event denotes the likelihood of its happening. The value of probability ranges between 0 an 1. If an event is certain to happen it probability would be i and if it is p certain that the event would not take place then the probability of its happening is 0. Ordinarily in social science the probability of the happening of an event is rarely 1 or 0. The reason is that in social sciences we deal with situation where there is always as element of uncertainty about the happening or not happening of an event. For this reason the probability of the events is somewhere between 0 and 1.
The general rule of the happening of an event is that if an event can happen in ways and fail to happen in n ways them the probability of the happening of the vent is given by.
P = m / m+ n or
P= Number of cases favourable to the occurrence of the event / total number of mutually exclusive and exhaustive cases
Odds in favour of the occurrence of the event
= m/n= Number of cases favourable to the occurrence of the event/ the number of cases against the occurrence of the event
Odds against the occurrence of the event
m/n= The number of cases against the occurrence of the event/ the number of cases favourable to the occurrence of the even.
Census Methods Complete Enumeration: If detail information regarding every individual person or item of a given universe ( or population ) is collected then the enquir
#A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper
Normal 0 false false false EN-IN X-NONE X-NONE PROBABILITY DISTRIBUTION
These models deal with the selection of an optimal course of action given the possible pay offs and their associated probability of occurrence. These models are broadly
In this method variables beings studied are controlled by the investigator. In other the effect of one variable is observed while other relevant variables are held constant
C++ code for assignment problem
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Name the feature which is not normally associated with a Non-Governmental Organisation (NGO)? Government funded is the organisation.
Among other limitations of O. R the followings deserve mention: a. Basis: The operational researchers must be unbiased. An attempt to shoehorn result sin to a confirmation of ma
QUESTION a) "Organizations have to change only because changes in their external environments force them to change." Discuss b) What restraining forces may block the impleme
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