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Odds Ratings 2.25% 10% 12.75 4. 48% 27% 2.

Odds Ratings 2.25% 10% 12.75 4. 48% 27% 2.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Your firm has produced a new widget which is sold online. The widget is rated on a five point scale (1=very bad, 5=very good) on your website. The ratings are presented below. Finally expected value (mean), variance, standard deviation for the ratings of your widget. What percent of individuals rated product as two or below?
The image features a table with two columns, "Ratings" and "Odds," listing various ratings with their respective odds percentages. Here is the transcribed data: | Ratings | Odds | |---------|--------| | 1 | 2.25% | | 2 | 10% | | 3 | 12.75% | | 4 | 48% | | 5 | 27% | This table displays the odds associated with different ratings, which could be used in educational contexts, such as assessing the likelihood of various outcomes or events.
Transcribed Image Text:The image features a table with two columns, "Ratings" and "Odds," listing various ratings with their respective odds percentages. Here is the transcribed data: | Ratings | Odds | |---------|--------| | 1 | 2.25% | | 2 | 10% | | 3 | 12.75% | | 4 | 48% | | 5 | 27% | This table displays the odds associated with different ratings, which could be used in educational contexts, such as assessing the likelihood of various outcomes or events.
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