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%.
is mass marketing completely dead?
Explain the Graphical Technique of Linear Equations.
a) How many equivalence relations on {a, b, c, d, e, f} have b) How many arrangements are there of c) How many triangles are resolute by the vertices of a regular polygon w
Equal-sharing - situations in which we need to find out how much each portion Multiplication and Division contains when a given quantity is shared out into a number of equal porti
I have a log that is 1/3 in mud and the rest of it is 6 meters long. How long is the entire log?
Before going to solving differential equations we must see one more function. Without Laplace transforms this would be much more hard to solve differential equations which involve
2/10
I have a question that hurts my head to work out. It is really confusing for me. It sais " By the start of the 21st century, only 1 in 6 babies in America was born with blue eyes.
Reduce the following rational expression to lowest terms. x 2 - 2 x - 8/ x 2 - 9 x + 20 Solution When reducing a rational expressio
Averigua que nùmero de cinco cifras se esconde detras de las pistas dadas La cifra de las unidades es par, mayor que 6 y coincide con las decenas de mil. La cifra de las decenas se
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