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%.
Cos(x+y)+sin(x+y)=dy/dx(solve this differential equation)
MINIMAX regret method Minimax method assumes that the decision maker will experience 'regret' after he has made the decision and the events have happened. The decision maker ch
Find the normalized differential equation which has {x, xex} as its fundamental set
Find the Determinant and Inverse Matrix (a) Find the determinant for A by calculating the elementary products. (b) Find the determinant for A by reducing the matrix to u
HOW TO DRAW A TANGENT SEGMENTS TO A CIRCLE WHEN CENTRE IS NOT KNOWN?
round to the nearest ten to estimate , 422+296
what is the perimeter of a triangele with the sides of 32 in /22 in/20 in/
Fundamental Theorem of Calculus, Part II Assume f ( x ) is a continuous function on [a,b] and also assume that F ( x ) is any anti- derivative for f ( x ) . Then,
how to measure missing angle of an adjacent angle
How many 4 digit numbers can be formed using the numbers: 1 – 7. Repeated numbers CAN NOT be used
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