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%.
Give an Equations with the variable on both sides ? Many equations that you encounter will have variables on both sides. Some of these equations will even contain grouping sy
Statistical estimation This is the procedure of using statistic to estimate a population parameter This is divided into point estimation whereas an estimate of a population
need someone to log into my hawkes and complete homework due
If coefficients of the equation ax 2 + bx + c = 0, a ¹ 0 are real and roots of the equation are non-real complex and a + c (A) 4a + c > 2b (B) 4a + c Please give t
1. Let A = {1,2, 3,..., n} (a) How many relations on A are both symmetric and anti-symmetric? (b) If R is a relation on A that is anti-symmetric, what is the maximum number o
Sequences Let us start off this section along with a discussion of just what a sequence is. A sequence is nothing much more than a list of numbers written in a particular orde
how do you divide
HISTORY OF UNITARY METHOD
Dawn wants to evaluate the volume of a basketball along with the volume of a tennis ball. Which formula will she use? The volume of a sphere is 4/3 times π times the radius cub
a dairy mngr says it takes 70lbs of make 10 lbs of cottage cheese... How do I make a rate table and a make a graph showing the relationship between lbs of milk and lbs of cottage c
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