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A dealer deals out two cards from a 52-card deck and the outcome is observed. Consider the following event: The two cards are of different
A dealer deals out two cards from a 52-card deck and the outcome is observed. Consider the following event: The two cards are of different suits.
There are 1014 possible outcomes for this event. Using classical method, we get 1014/1326= 0.7647
Using Microsoft Excel, complete the following steps
- Write an Indicator Variable (0 or 1) to reflect whether the event occurred at each trial of the card simulation.
- Compute the relative frequency that the event occurred at each trial of the card simulation
How do I write the Indicator of this event on Excel?