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%.
If a, b and c are in harmonic progression with b as their harmonic mean then, b = This is obtained as follows. Since a, b and c are in
Example Show that p ( x ) = 2 x 3 - 5x 2 -10 x + 5 has a root somewhere in the interval [-1,2]. Solution What we're actually asking here is whether or not the function wi
Describe about Absolute Values ? When an integer is written with a vertical line on each side of the integer, it is called the absolute value of that integer. For example,
1. A machine comprises of three transformers A, B and C. Such machine may operate if at least 2 transformers are working. The probability of each transformer working is given as di
Question: Solve the initial value problem 2x'' +x'-x =27 Cos2t +6 Sin 2t, x(0)=2 , x'(0)= -2 by using Laplace transform method.
what is the difference between North America''s part of the total population and Africa''s part
project assignment of page no.19 question no.2
Megan bought x pounds of coffee in which cost $3 per pound and 18 pounds of coffee at $2.50 per pound for the company picnic. Find out the total number of pounds of coffee purchase
Suppose you start saving today for a $55,000 down payment that you plan to make on a house in 7 years, assume that you make no deposits into the account after the initial deposit,
what are the characteristic of digital ic
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