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 108 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
Great answer, keep it coming :)

emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

DNA sequencing by the dideoxy method DNA sequencing by the dideoxy method
Abnormal physical assessment findings Abnormal physical assessment findings
The argon-argon method is useful for dating volcanic sediments. The argon-argon method is useful for dating volcanic sediments.
Performing Venipuncture Using the Vacutainer Method Performing Venipuncture Using the Vacutainer Method
Performing Venipuncture Using the Vacutainer Method Performing Venipuncture Using the Vacutainer Method
ODDS AND PROBABILITY PLEASE ANSWER ALL I DONT HAVE ENOUGH CREDITS ODDS AND PROBABILITY PLEASE ANSWER ALL I DONT HAVE ENOUGH CREDITS
Video: Appendicitis Animation

For a complete list of videos, visit our video library