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%.
Extrema : Note as well that while we say an "open interval around x = c " we mean that we can discover some interval ( a, b ) , not involving the endpoints, such that a Also,
Can you explain why is the steepness of a curve partially calculated by the units of measurement?
A bag contains 19 tickets, numbered from 1 to 19. A ticket is drawn and then another ticket is drawn without replacement .Find the probability that both tickets will show even numb
modular arithematic
Find the values of x and y
railway tunnel of radius 3.5 m and angle aob =90 find height of the tunnel
t=2x/s-7
Find the derivatives of each of the following functions, and their points of maximization or minimization if possible. a. TC = 1500 - 100 Q + 2Q 2 b. ATC = 1500/Q - 100 +
Multiple Linear Regression Models There are situations whether there is more than one factor which influence the dependent variable Illustration Cost of production weekl
together, pearl and harvey are going to visit their aunt on sunday. If Pearl visits their aunt every 6 days, while harvey every 8 days, on what day will they visit their aunt toget
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