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Earn +20 ptsQ: How is the probability related to relative frequency?
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Is relative frequency similar to the concept of probability?
The relative frequency of of an event is one possible measure of its probability.
Relationship between relative frequency and probability of an event?
The relative frequency is an estimate of the probability of an event.
What is the calculated probability based on relative frequency?
It is the empirical or experimental probability.
Relative frequency formula?
Probability of event = relative frequency = f/nf is the frequency of the event occurence in a sample of n observances.
Is relative frequency the same as probability?
If we are talking of an aleatory event, and its relative frequency obtained over a large number of trials, yes.
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