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%.
I am comparing building a house and buying a house. which one of the option you would choose.
How do you do converting metric units?
why modi method is used in operation research
I would like to work on Assignment help in Mathematics
Consider the wave equation utt - uxx = 0 with u(x, 0) = f(x) = 1 if-1 ut(x, 0) = ?(x) =1 if-1 Sketch snapshots of the solution u(x, t) at t = 0, 1, 2 with justification (Hint: Sket
NUMBER SYSTEMS: Numbers are intellectual witnesses that belong only to mankind. Example: If the H C F of 657 and 963 is expressible in the form of 657x + 963 x -
1) A local factory makes sheets of plywood. Records are kept on the number of mild defects that occur on each sheet. Letting the random variable x represent the number of mild de
calculate
Find the area of PARALLELOGRAM ? A parallelogram is a four-sided shape, of which the opposite sides are parallel. (Because they are parallel, opposite sides also have the same
how to change sin 24 degree in digits?
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