# Question: A What is the relative frequency of an event b How

a. What is the relative frequency of an event?

b. How is the relative frequency different from the probability of an event?

c. What is the law of large numbers?

b. How is the relative frequency different from the probability of an event?

c. What is the law of large numbers?

## Answer to relevant Questions

a. Name the three main sources of probability numbers. b. What is the equally likely rule? c. Are you allowed to use someone’s guess as a probability number? d. What is the difference between a Bayesian and a frequentist ...Two events are mutually exclusive, one with probability 0.38 and the other with probability 0.54. a. Find the conditional probability that the first event happens given that the second event happens. b. Find the probability ...The coming year is expected to be a good one with probability 0.70. Given that it is a good year, you expect that a dividend will be declared with probability 0.90. However, if it is not a good year, then a dividend will ...Based on analysis of data from last year, you have found that 40% of the people who came to your store had not been there before. While some just came to browse, 30% of people who came to your store actually bought ...Of the 925 tires your factory just produced, 13 are defective. a. Find the probability that a randomly selected tire is defective. b. Find the probability that a randomly selected tire is not defective. c. What kind of ...Post your question