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%.
Obligatory application/interpretation problem : Next, we need to do our obligatory application/interpretation problem so we don't forget about them. Example : Assume that the
Computation of Covariance Ungrouped Data For a population consisting of paired ungrouped data points {X, Y} where,
Define Euler Circuit and Euler Path. Which of the following graphs have an Euler circuit and Euler path.
the conclusion about stepping stone method in real life situation?
The distance from the sun to the earth is approximately 9.3 × 10 7 miles. What is this distance expressed in standard notation? In order to convert this number to standard not
6x-4+3x+6 -2a-8b-5a+10b
nc6:n-3c3=91:4
HOW DO CHILDREN LEARN? : Have you ever tried teaching a young child what "ball" means? Did you do it by a lot of verbal description" Or did you let the child actually handle a b
define regular pyramid
a) Complete the inventory record below for an FOQ of 100 units. b) Talk about weaknesses of MRP. List at least 3 and describe each in a sentence or two. Item: A
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