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%.
encoded with the matrix -3 -7 and 4 9. what lights up a soccer stadium? ecoded message: {-3 - 7} {3 2 } {3 6} {57 127} {52 127} {77 173} {23 51)
What are the other differences between learners that a teacher needs to keep in mind, while teaching? Let us see an example in which a teacher took the pupil's background into acc
Ask question #Minimum 100 words acca paper mill produces two grades of paper viz.,xand y.Bacause of raw material restrictions, it cannot produce more than 400 tones of grade x pape
a) The first comic book is of shakitman was sold in 1938. In 2010, the estimated price for this comic book in good condition was about $500,000. This represented a return of 25 per
The distance around a square photograph is 12.8 centimeters. What is the langth of each side of the fotograph?
find area of rectangles and triangles put together
What was last years salary if after a 3% increase the salary is 35,020?
is 1 and 1/2+2 and 1/7 3 and 9/4
love is a parallelogram where prove that love is a rectangle
How many integers satisfy the inequality |10(x+1)/x^2+2x+3|=1? Solution) first thing thats not an inequality, and second thing its very easy if thats the question. the LHS = |10/
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