Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Relative Frequency
This type of probability requires us to make some qualifications. We define probability of event A, occurring as the proportion of times A occurs, if we repeat the experiment several times under the same or similar conditions.
Example
Consider the following distribution of salaries in a finance company for February, 2002.
Salaries (Rs.)
Frequency
Relative Frequency (%)
2,000 - 5,000
2
4%
5,000 - 8,000
11
22%
8,000 - 11,000
18
36%
11,000 - 14,000
10
20%
14,000 - 17,000
7
14%
17,000 - 20,000
50
100%
For a subsequent month the salaries are likely to have the same distributions unless employees leave or have their salaries raised, or new people join. Hence we have the following probabilities obtained from the above relative frequencies.
Probability
These probabilities give the chance that an employee chosen at random will be in a particular salary class. For example, the probability of an employee's salary being Rs.5,000 - Rs.8,000 is 22%.
Describe the Types of triangles ? Triangles can be classified according to the lengths of the sides or the measures of the angles. 1. Naming triangles by sides An
what is the difference between North America''s part of the total population and Africa''s part
Determine How many player play foot ball? In a group of athletic teams in a specific institute, 21 players are in the basket ball team, 26 players in the hockey team, 29 player
3456+3694
find the greater value of a and b so that the following even numbers are divisible by both 3 and 5 : 2ab2a
construct the green''s function that satisfies dG''''-(2x+1)G''+(x+1)G=delta(x-s), G(0,s)=G(1,s)=0
y=9x-5x+2 and y=4+12
the area of a triangle is 20 and its base is 16. Find the base of a similar triangle whose area is 45. Given is a regular pentagon. Find the measure of angle LHIK.
What is Sets and set theory?
how to remember the formulas of this topic
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd