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%.
How do they work?
Given A and B A = | 1 0 1 | B = | 1 1 0 | | 1 1 0 | | 0 1 1 | | 0
.find lim sup Ek and liminf Ek of Ek=[(-(1/k),1] for k odd and liminf Ek=[(-1,(1/k)] for k even
29x27
Factoring quadratics of the form x 2 + bx + c ? This tutorial will help you factor quadratics that look something like this: x 2 + 7x + 12 (Positive coefficients; no lea
David wants to rent a movie. He wants to watch either a comedy or a drama. The movie rental store has 18 comedies and dramas available for rent. Seven of the movies are comedies, a
Find the probability of having 53 Sundays in (i) a leap year (ii) a non leap year (Ans:2/7 , 1/7 ) Ans: An ordinary year has 365 da
Reflexive Relations: R is a reflexive relation if (a, a) € R, a € A. It could be noticed if there is at least one member a € A like (a, a) € R, then R is not reflexive. Sy
Differentiate following. Solution : It requires the product rule & each derivative in the product rule will need a chain rule application as well. T ′ ( x ) =1/1+(2x) 2
Hypothesis Testing About The Difference Between Two Proportions Hypothesis testing about the difference between two proportions is used to test the difference between the propo
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