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Subjective Probability
Probability may be determined by a personal statement of how likely an outcome is in a single trial or repetition of the same experiment.
Since subjective probabilities are based on personal judgement, they are peculiar to the individual making the decision. The probability statement depends upon the individual's experience and his familiarity with the facts of the case. Two decision makers with the same amount of information would make different subjective probability estimates of the occurrence of a particular event.
Example
An expert analyst of share prices may give his judgement that the price of ACC shares has a 20% probability of increase i.e., by Rs.500 or more in the next two months, a 60% probability of increase i.e., by less than Rs.500 in the next two months and a 20% probability of remaining unchanged or registering a slight fall.
Here we know x can only be 1 or -1. so if it is 1 ans is 2. if x is -1, for n even ans will be 2 if x is -1 and n is odd ans will ne -2. so we can see evenfor negative x also an
On dividing p(X)=5x^(4)-4x^(3)+3x^(2)-2x+1 by g(x)=x^(2)+2 if q(x)=ax^(2)+bx+c, find a,b and c.
Define Markov chain Random processes with Markov property which takes separate values, whether t is discrete or continuous, are known as Markov chains.
time=2.82/4000
If the areas of three adjacent faces of cuboid are x, y, z respectively, Find the volume of the cuboids. Ans: lb = x , bh = y, hl = z Volume of cuboid = lbh V 2 = l 2 b 2
all perimeter and area
how to find eigen value for the given matrix 122 021 -122
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divide 50 into two parts such that if 6 is subtracted from one part and 12 is added to the second part,we get the same number?
log2(x^2)=(log2(x))2
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