A survey of 35 students at the Wall College of Business show
| A survey of 35 students at the Wall College of Business showed the following majors: |
Solution
Solution:
(A)total no of students =35
possible outcomes for selecting a student from 35 students = 35C1 =35
no of students opted for management major=4
favourable outcomes =4C1 =4 (selecting a student from 4 students --combination)
probability= favourable outcomes/possible outcomes
=4C1 /35C1
=4/35
=0.1143
=11.43%
(B)
Classical Probability:
Classical Probability Definition
Probability is a statistical concept that measures the likelihood of something happening. Classical probability is the statistical concept that measures the likelihood of something happening, but in a classic sense, meaning that every statistical experiment will contain elements that are equally likely to happen.
Example 1:
If we wanted to determine the probability of getting an even number when rolling a dice, 3 would be the number of favorable outcomes because there are 3 even numbers on a dice (and obviously 3 odd numbers). The number of possible outcomes would be 6 because there are 6 numbers on a dice. Therefore, the probability of getting an even number when rolling a dice is 3/6 or 1/2 when you simplify it.
