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.
find non linear relation between given data
a car comes to a stop from a speed of 30m/s in a distance of 804m. The driver brakes so as to produce a decelration of 1/2m per sec sqaured to begin withand then brakes harder to p
Rule 1 The logarithm of 1 to any base is 0. Proof We know that any number raised to zero equals 1. That is, a 0 = 1, where "a" takes any value. Therefore, the loga
x2+y2 r=12
Write the next two terms √12, √27, √48, √75................... Ans: next two terms √108 , √147 AP is 2 √3 , 3 √3 , 4 √3 , 5 √3 , 6 √3 , 7 √3 ......
maria has a slice of pizza that is 1/6 of the pizaa.Ben has a slice of pizza that is 1/3 of the pizza, marias slice is bigger.draw pizzas to show how this is possible.
Question: Solve the initial value problem 2x'' +x'-x =27 Cos2t +6 Sin 2t, x(0)=2 , x'(0)= -2 by using Laplace transform method.
Forecast Errors Differences among actual results and predictions may arise from many reasons. They may arise from random influences, usual sampling errors, option of the wrong
Determination of the Regression Equation The determination of the regression equation such given above is generally done by using a technique termed as "the method of least sq
The Timbuktu post office has only 3 cents and 7 cents stamps having run out of all other denominations. What are the six amounts of postage that cannot be created? How do you know
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