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!
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.
Which point is the reflection through the origin (0, 0) of the point (-8, -9)?estion..
1x1
Assume E is the event that a randomly generated bit string of length 4 starts with a 1 and F is the event that this bit string consists of an even number of 1's. Are E and F indepe
without a calculator give the exact value of each of the following logarithms. (a) (b) log1000 (c) log 16 16 (d) log 23 1 (e) Solution (b) log10
How will the decimal point move when 245.398 is multiplied by 100? It is moved two places to the right. While multiplying by multiples of 10, the decimal point is moved to the
I need to graph rational numbers on the number line Point A-.60, point B-1/4, point C-.4,point D-7/8
Let f : R 3 → R be de?ned by: f(x, y, z) = xy 2 + x 3 z 4 + y 5 z 6 a) Compute ~ ∇f(x, y, z) , and evaluate ~ ∇f(2, 1, 1) . b) Brie?y
Assume that (X, d) is a metric space and let (x1, : : : , x n ) be a nite set of pointsof X. Elustrate , using only the de nition of open, that the set X\(x1, : : : , x n ) obtain
Different types of rectilinear figures
Solve the subsequent IVP. y'' - 4y' + 9y = 0, y(0) = 0, y'(0) = -8 Solution The characteristic equation for such differential equation is. As: r 2 - 4r + 9 = 0
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