Relative frequency definition, Mathematics

Assignment Help:

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

 2

4%

 

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.

Salaries (Rs.)

Probability

  2,000 -   5,000

4%

  5,000 -   8,000

22%

  8,000 - 11,000

36%

11,000 - 14,000

20%

14,000 - 17,000

14%

17,000 - 20,000

4%

 

100%

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%.


Related Discussions:- Relative frequency definition

Elimination technique of linear equations, What is the Elimination techniqu...

What is the Elimination technique of Linear Equations?

Developing an understanding ones tens and more, DEVELOPING AN UNDERSTANDING...

DEVELOPING AN UNDERSTANDING :  The other day I was showing the children's book '203 Cats' to my 7-year-old niece. She had recently learnt how to write large numerals in her school

Conduct an appropriate hypothesis test, Aspire LLP is a recruitment agency....

Aspire LLP is a recruitment agency. Recently, the company senior manager, Kay conducted a survey to understand the number of hours students spend daily on their studies after schoo

Discrete mathematics for computing, Everything stored on a computer can be ...

Everything stored on a computer can be represented as a string of bits. However, different types of data (for example, characters and numbers) may be represented by the same strin

rational nmber, every rational nmber is expressible either as a_________or...

every rational nmber is expressible either as a_________or as a____________decimal.

Determine how many player play foot ball, Determine How many player play fo...

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

Polar coordinates - parametric equations & polar coordinates, Polar Coordin...

Polar Coordinates Till this point we've dealt completely with the Cartesian (or Rectangular, or x-y) coordinate system.  Though, as we will see, this is not all time the easie

Find the constant height at which the jet is flying, The angle of ...

The angle of elevation of a jet fighter from a point A on the ground is 600. After a flight of 15 seconds, the angle of elevation changes to 300. If the jet is flying at a speed  o

Determine fog and gof, Let g be a function from the set G = {1,2,3,...34,35...

Let g be a function from the set G = {1,2,3,...34,35,36).  Let f be a function from the set F = {1,2,3,...34,35,36}.  Set G  and F contain 36 identical elements (a - z and 0 - 9).

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd