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%.
A function is a relation for which each of the value from the set the first components of the ordered pairs is related with exactly one value from the set of second components of t
Uh on my homework it says 6m = $5.76 and I dont get it..
Discrete Uniform Distribution Acme Limited is a car manufacturer. The company can paint the car in 3 possible colors: White, Black and Blue. Until the population is sampled, th
ssss
A man invests rs.10400 in 6%shares at rs.104 and rs.11440 in 10.4% shares at rs.143.How much income would he get in all??
Suppose we are required to find the difference between 3abc and 7abc. We look at two scenarios. The value we would obtain by subtracting a larger quantity from th
INSTRUCTIONS: Construct a regular proof to derive the conclusion of the following argument: 1. H v (~T > R) 2. Hv (E > F) 3. ~T v E 4. ~H & D / R v F INSTRUCTIONS: Con
Example : Back into the complex root section we complete the claim that y 1 (t ) = e l t cos(µt) and y 2 (t) = e l t sin(µt) Those were a basic set of soluti
46+4=
Which number below is described by the following statements? The hundredths digit is 4 and the tenths digit is twice the thousandths digit. a. 0.643 b. 0.0844 c. 0.446 d. 0.0142
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