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Author Question: Define marginal probability. ... (Read 18 times)

karlynnae

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on: Aug 1, 2018
Define marginal probability.

Question 2

The conceptual forecasting framework does not exclude human judgments. When does the framework suggest these judgments should be used?
 a. Right after Mathematical Model is generated
  b. Before historical data is gathered
  c. Right after historical data is gathered
  d. Before the selection of a forecasting technique


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pami445

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Reply #1 on: Aug 1, 2018
Answer to Question 1

Marginal probability is the probability that a given event will occur, with no other events taken into consideration. In a contingency table, marginal probabilities are computed by dividing the row and column totals by the sum of the frequencies.

Answer to Question 2

A


karlynnae

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Reply 2 on: Aug 1, 2018
YES! Correct, THANKS for helping me on my review

ghepp

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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