vu mth718 Mid Term Subjective Solved Past Paper No.11

vu mth718 Topics in Numerical Methods Solved Past Papers

Solved Past Papers

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Question 5: What does mean by the independence of two events:
Answer:
We can define independence of two events are statistically independent if the probability of their occurring jointly equals the product of their respective probabilities. Independence of two events also know as stochastic independence.
Question 6: What do you know about discrete random variable?
Answer:
Such a numerical quantity whose value is determined by the value of a random experiment is called a random variable. Example: If we toss three dice together and let X represents the number of heads, then the random variable X consists of the value 0, 1, 2, and 3. the X in this example is a discrete random variable.
Question 7: What is the subjective approach to the probability?
Answer:

Subjective probability is a measure of the strength of a person's belief regarding the occurrence of an event A. Probability in this sense is purely subjective and is based on whatever evidence is available to the individual. It has a disadvantage that 2 or more persons faced with the same evidence may arrive at different probabilities.

Example:

Suppose a panel of three judges is hearing a trial. It is possible that based on the evidence that is presented, two of them arrive at the conclusion that the accused is guilty while one of them decides that the evidence is not strong to draw this conclusion.


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