๐ŸŽฒintro to statistics review

key term - Relative frequency

Definition

Relative frequency is the ratio of the number of times a particular event occurs to the total number of events. It is often expressed as a fraction, decimal, or percentage.

5 Must Know Facts For Your Next Test

  1. Relative frequency can be calculated by dividing the frequency of a specific event by the total number of observations.
  2. The sum of all relative frequencies in a data set is equal to 1 (or 100%).
  3. Relative frequencies are useful for comparing data sets with different sample sizes.
  4. Relative frequency can be visualized using histograms and frequency polygons.
  5. It provides insight into the likelihood or probability of an event occurring within a given data set.

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