// Numbas version: finer_feedback_settings {"name": "Calculate probabilities from frequency table", "extensions": ["stats"], "custom_part_types": [], "resources": [], "navigation": {"allowregen": true, "showfrontpage": false, "preventleave": false, "typeendtoleave": false}, "question_groups": [{"pickingStrategy": "all-ordered", "questions": [{"variable_groups": [], "statement": "\n

{sc[k]}

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{table(data,['  From','  To', '  Loans Made'])}

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\n ", "metadata": {"licence": "Creative Commons Attribution 4.0 International", "description": "

Simple probability question. Counting number of occurences of an event in a sample space with given size and finding the probability of the event.

", "notes": "

28/12/2012:

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Using the inbuilt table function for now. This needs to be changed - either to direct input of an html table or improving the table function e.g. adding borders etc.

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The udf accumdisp(a,t) outputs a string of the form a[0]+a[1]+..a[t-1]  - useful to show in the solution the elements of the list we are summing over.

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There is a scenario variable sk, which is intended to be the beginning of a list of possible randomised scenarios. Probably best if this included other text based string variables (e.g. car loans could be the value of such a variable).

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Easy to make this have a variable number of ranges of loans. Only need to pay some attention to the creation of the list n giving the number of loans in each range - need to make that sensible.

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One of these loans is sampled randomly for review by the bank. What is the probability that it is :

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a) Under £$\\var{u1}$?   Probability = ? [[0]]  (answer to 2 decimal places).

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b) Over £$\\var{o1-1}$?     Probability = ? [[1]]  (answer to 2 decimal places).

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c) Between £$\\var{a[p]}$ and £$\\var{a[q]-1}$?    Probability = ? [[2]] (answer to 2 decimal places).

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a) The number of loans less than £$\\var{u1}$ is $\\var{accumdisp(n,t)}=\\var{sum(n[0..t+1])}$

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Since there are $\\var{thismany}$ loans the probability of choosing one of these loans is  $\\displaystyle \\frac{\\var{sum(n[0..t+1])}}{\\var{thismany}}=\\var{ans1}$ to 2 decimal places.

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b) The number of loans greater than £$\\var{o1}$ is $\\var{accumdisp(n[v+1..abs(n)],abs(n)-v-2)}=\\var{sum(n[v+1..abs(n)])}$.

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Since there are $\\var{thismany}$ loans the probability of choosing one of these loans is  $\\displaystyle \\frac{\\var{sum(n[v+1..abs(n)])}}{\\var{thismany}}=\\var{ans2}$ to 2 decimal places.

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c) There are $\\var{accumdisp(n[p+1..q+1],q-p-1)}=\\var{sum(n[p+1..q+1])}$ loans between  £$\\var{a[p]}$ and £$\\var{a[q]-1}$.

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Hence the probability of selecting one of these loans in this range for review is $\\displaystyle \\frac{\\var{sum(n[p+1..q+1])}}{\\var{thismany}}=\\var{ans3}$ to 2 decimal places.

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