Probability distribution , Operation Research

Assignment Help:

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.


Related Discussions:- Probability distribution

One sample tests- hypothesis testing , One Sample Tests The one sample...

One Sample Tests The one sample test is  applied  to a situation where  only a single sample ( one  sample) is taken from  a population in this test the researcher may  be tak

Construction procedure for research tool, CONSTRUCTION PROCEDURE The c...

CONSTRUCTION PROCEDURE The construction of an interview schedule or questionnaire is a time consuming task requiring considerable attention to all the details. The investig

LPP, #A paper mill produces two grades of paper viz., X and Y. Because of r...

#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

Rules regarding the table structure, Rules  Regarding the Table  Structur...

Rules  Regarding the Table  Structure a. Table Number: When a number  of tables  are constructed serial number of the tables  should  be given  to each table. b. Title Th

Linear programming, nass food produces to kinds of popular dark chocolate b...

nass food produces to kinds of popular dark chocolate bars.the banana and coffee. the banana bar costs 0.22 to make and sells of 0.35, where as the coffee bar costs 0.40 to make an

''qualitative generic research'', Use the following article on qualitative ...

Use the following article on qualitative approaches written by Kahlke (2014), http://ejournals.library.ualberta.ca/index.php/IJQM/article/viewFile/19590/16141/ to answer the fol

Operation Research, A paper mill produces two grades of paper viz., X and Y...

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 i

Simo chart flow diagram , SIMO Chart Flow Diagram The  flow  diagram  ...

SIMO Chart Flow Diagram The  flow  diagram  is a drawing  indicating  the paths  of men  materials  or components on a scale  plan of  the work  area, department or  factory.

Type of measures of dispersion - measure of dispersion, Type  of  Measur...

Type  of  Measures  of Dispersion   a. Absolute Measure: The measure of dispersion which  is expressed in  terms of the units of the  observations( e, g, Rupees , metre ,

Write Your Message!

Captcha
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