This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What method of probability assessment would most likely be used to assess the probability that a ... (Read 98 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
on: Jun 24, 2018
What method of probability assessment would most likely be used to assess the probability that a customer will return a purchase for a refund?
 
  A) Classical probability based on the ratio of the number of ways the event can occur
  B) Relative frequency based on previous history
  C) Subjective probability based on expert opinion
  D) Independent probability based on two unrelated outcomes

Question 2

A stem and leaf diagram is more appropriate for graphically displaying a joint frequency distribution than is a histogram since the stems can be used to display one variable while the leaves can be used to display the second variable.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

morganmarie791

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


lidoalex

  • Member
  • Posts: 538
Reply 2 on: Jun 24, 2018
Gracias!

abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Abdominal Assessment Landmarks. When describing pathology of the abdomen, it is useful to use theses Abdominal Assessment Landmarks. When describing pathology of the abdomen, it is useful to use theses
Patient teaching: hair and scalp assessment Patient teaching: hair and scalp assessment
Nurising history for heart assessment Nurising history for heart assessment
How to perform the substitution method for definite integrals (Part 1) How to perform the substitution method for definite integrals (Part 1)
Equipment Used During the Physical Assessment Equipment Used During the Physical Assessment
Calculation of Joint Probability of a Genotype Based on Seven CODIS STR Markers Calculation of Joint Probability of a Genotype Based on Seven CODIS STR Markers
Video: Interview with Person who has Panic Attacks

For a complete list of videos, visit our video library