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This is a very simple statistic to comprehend and to calculate. It takes the frequency distribution method of calculating probability. The statistic is calculated as
This statistic is simple to interpret as well. What it calculates is the probability of the portfolio to get a negative return. It can be comprehended that a higher figure would mean a higher probability of fund to do give negative returns.
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What does it mean to find the compliment of the probability of an event?
The complement (not compliment) of the probability of event A is 1 minus the probability of A: that is, it is the probability of A not happening or "not-A" happening.The complement (not compliment) of the probability of event A is 1 minus the probability of A: that is, it is the probability of A not happening or "not-A" happening.The complement (not compliment) of the probability of event A is 1 minus the probability of A: that is, it is the probability of A not happening or "not-A" happening.The complement (not compliment) of the probability of event A is 1 minus the probability of A: that is, it is the probability of A not happening or "not-A" happening.
Is 1.001 a probability?
No 1.001 is not a probability. Probability can not be >1
If a coin is tossed 5 times what is the probability of getting tails no more then 2 times?
The probability is 0.5The probability is 0.5The probability is 0.5The probability is 0.5
If the odds against an event are 9.8 find the probability that the event will occur?
Odds against A = Probabillity against A / Probability for A Odds against A = (1 - Probabillity for A) / Probability for A 9.8 = (1 - Probabillity for A) / Probability for A 9.8 * Probability for A = 1 - Probability for A 10.8 * Probability for A = 1 Probability for A = 1 / 10.8 Probability for A = 0.0926
What is the probability of an event occurring to the probability that it will not occur?
The probability that an event will occur plus the probability that it will not occur equals 1.
