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%.
Simple Random Sampling It refers to the sampling technique whether each and every item of the population is described an equal chance of being included in the sample. Because s
The length of Kara's rectangular patio can be expressed as 2x - 1 and the width can be expressed as x + 6. In the terms of x, what is the area of her patio? Since the area of a
3 3/7 + 2 8/9 * 4=
Determine the value of the unknown side of a right triangle: The two legs of a right triangle are 5 ft and 12 ft. How long is the hypotenuse? Now Let the hypotenuse be c ft.
What is Sets and set theory?
Two people on bikes are at a distance of 350 meters. Person A begin riding north at a rate of 5 m/sec and 7 minutes later on Person B begin riding south at 3 m/sec. Determine th
how do we solve function evaluation f(x)
0.36585858 find the sum if it is converges
A plane is flying at 200 mph with a heading of 45degrees and encounters a wind mph from the west. What is the velocity and heading?
give definition and example
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