BACHELOR OF BUSINESS ADMINISTRATION

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BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the total relative frequency? 20XX Contest Sales ____ Salesman Frequency Relative Frequency ____ Frances Clonts 15 0.05 Sarah Leigh 184 0.62 Devon Pride 37 John Townes 62 0.21 ____ Total 298
A
1
B
99.12
C
0.88
D
Not enough information
Explanation: 

Detailed explanation-1: -Based on the data in the table, the relative frequency for Devon Pride is 0.12.

Detailed explanation-2: -Relative frequency or experimental probability is calculated from the number of times an event happens, divided by the total number of trials in an actual experiment.

Detailed explanation-3: -Example 1: A die is tossed 40 times and lands 6 times on the number 4. What is the relative frequency of observing the die land on the number 4? Example 2: A coin is tossed 20 times and lands 15 time on heads. What is the relative frequency of observing the coin land on heads?

Detailed explanation-4: -The relative frequency of an event is defined as the number of times that the event occurs during experimental trials, divided by the total number of trials conducted. The relative frequency is not a theoretical quantity, but an experimental one.

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