Mixing
Meaning of success rate
$begingroup$
What is the meaning of success rate?
ex: success rate = 4%
Someone told me it means doing something 100 times consecutively and that there would be at least 4 times it succeeds.
But I think its not true. As far as I understand, 4% success rate of doing something is like when you do it, a perfectly balanced dice with 100 sides is cast, there are 4 green sides and 96 red sides. If you get a green side, you succeed otherwise you fail. So theoretically, you can fail 100 times consecutively or even infinitely because the success rate of a try A exists independently from other tries.
Which definition is correct, 1 or 2 or neither?
If 1 is correct then what do you call 2?
If 2 is correct how do you even calculate the success rate of doing anything? Since there's no way to know how many green/ red sides there are.
The reason Im asking this question is because as a computer science student, I often find myself implementing the success rate in my code using the definition(2). for ex:
randomly take a in (0..9)
if ( a <= 3) succeed
else fail
probability percentages
asked Jan 16 at 22:12
StewieStewie
32
$endgroup$
add a comment |
$begingroup$
What is the meaning of success rate?
ex: success rate = 4%
Someone told me it means doing something 100 times consecutively and that there would be at least 4 times it succeeds.
But I think its not true. As far as I understand, 4% success rate of doing something is like when you do it, a perfectly balanced dice with 100 sides is cast, there are 4 green sides and 96 red sides. If you get a green side, you succeed otherwise you fail. So theoretically, you can fail 100 times consecutively or even infinitely because the success rate of a try A exists independently from other tries.
Which definition is correct, 1 or 2 or neither?
If 1 is correct then what do you call 2?
If 2 is correct how do you even calculate the success rate of doing anything? Since there's no way to know how many green/ red sides there are.
The reason Im asking this question is because as a computer science student, I often find myself implementing the success rate in my code using the definition(2). for ex:
randomly take a in (0..9)
if ( a <= 3) succeed
else fail
probability percentages
asked Jan 16 at 22:12
StewieStewie
32
$endgroup$
add a comment |
$begingroup$
What is the meaning of success rate?
ex: success rate = 4%
Someone told me it means doing something 100 times consecutively and that there would be at least 4 times it succeeds.
But I think its not true. As far as I understand, 4% success rate of doing something is like when you do it, a perfectly balanced dice with 100 sides is cast, there are 4 green sides and 96 red sides. If you get a green side, you succeed otherwise you fail. So theoretically, you can fail 100 times consecutively or even infinitely because the success rate of a try A exists independently from other tries.
Which definition is correct, 1 or 2 or neither?
If 1 is correct then what do you call 2?
If 2 is correct how do you even calculate the success rate of doing anything? Since there's no way to know how many green/ red sides there are.
The reason Im asking this question is because as a computer science student, I often find myself implementing the success rate in my code using the definition(2). for ex:
randomly take a in (0..9)
if ( a <= 3) succeed
else fail
probability percentages
asked Jan 16 at 22:12
StewieStewie
32
$endgroup$
What is the meaning of success rate?
ex: success rate = 4%
Someone told me it means doing something 100 times consecutively and that there would be at least 4 times it succeeds.
But I think its not true. As far as I understand, 4% success rate of doing something is like when you do it, a perfectly balanced dice with 100 sides is cast, there are 4 green sides and 96 red sides. If you get a green side, you succeed otherwise you fail. So theoretically, you can fail 100 times consecutively or even infinitely because the success rate of a try A exists independently from other tries.
Which definition is correct, 1 or 2 or neither?
If 1 is correct then what do you call 2?
If 2 is correct how do you even calculate the success rate of doing anything? Since there's no way to know how many green/ red sides there are.
The reason Im asking this question is because as a computer science student, I often find myself implementing the success rate in my code using the definition(2). for ex:
randomly take a in (0..9)
if ( a <= 3) succeed
else fail
probability percentages
probability percentages
asked Jan 16 at 22:12
StewieStewie
32
asked Jan 16 at 22:12
StewieStewie
32
edited Jan 16 at 23:06
Stewie
asked Jan 16 at 22:12
StewieStewie
32
asked Jan 16 at 22:12
StewieStewie
32
asked Jan 16 at 22:12
StewieStewie
32
32
add a comment |
add a comment |
2 Answers
2
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oldest
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$begingroup$
Success rate is, first of all, a rate (of success). So naturally its $$ frac{#{text{succesful events}}}{#{text{successful events} + text{unsuccessful events}}} ~~(= 0.04 = 4%)$$
here $#$ denotes a number (count) of events.
answered Jan 16 at 22:39
sjoksjok
353
$endgroup$
add a comment |
$begingroup$
If you run the experiment 100 times the 4 times would be the green side ! This is what success rate means.
Yes you can fail 100 consecutively times, but if you run the experiment infinitely you will get an average of 4 percent. You should think of the percentage as a normalized value.
answered Jan 16 at 22:16
ItsYouItsYou
63
$endgroup$
$begingroup$
The success rate of each time I try the experiment exists independently from other tries. So doesnt 4 success out of 100 tries with 4% success rate mean 0.04^4 instead?
$endgroup$
– Stewie
Jan 16 at 22:21
add a comment |
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2 Answers
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2 Answers
2
active
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$begingroup$
Success rate is, first of all, a rate (of success). So naturally its $$ frac{#{text{succesful events}}}{#{text{successful events} + text{unsuccessful events}}} ~~(= 0.04 = 4%)$$
here $#$ denotes a number (count) of events.
answered Jan 16 at 22:39
sjoksjok
353
$endgroup$
add a comment |
$begingroup$
Success rate is, first of all, a rate (of success). So naturally its $$ frac{#{text{succesful events}}}{#{text{successful events} + text{unsuccessful events}}} ~~(= 0.04 = 4%)$$
here $#$ denotes a number (count) of events.
answered Jan 16 at 22:39
sjoksjok
353
$endgroup$
add a comment |
$begingroup$
Success rate is, first of all, a rate (of success). So naturally its $$ frac{#{text{succesful events}}}{#{text{successful events} + text{unsuccessful events}}} ~~(= 0.04 = 4%)$$
here $#$ denotes a number (count) of events.
answered Jan 16 at 22:39
sjoksjok
353
$endgroup$
Success rate is, first of all, a rate (of success). So naturally its $$ frac{#{text{succesful events}}}{#{text{successful events} + text{unsuccessful events}}} ~~(= 0.04 = 4%)$$
here $#$ denotes a number (count) of events.
answered Jan 16 at 22:39
sjoksjok
353
answered Jan 16 at 22:39
sjoksjok
353
answered Jan 16 at 22:39
sjoksjok
353
answered Jan 16 at 22:39
sjoksjok
353
353
add a comment |
add a comment |
$begingroup$
If you run the experiment 100 times the 4 times would be the green side ! This is what success rate means.
Yes you can fail 100 consecutively times, but if you run the experiment infinitely you will get an average of 4 percent. You should think of the percentage as a normalized value.
answered Jan 16 at 22:16
ItsYouItsYou
63
$endgroup$
$begingroup$
The success rate of each time I try the experiment exists independently from other tries. So doesnt 4 success out of 100 tries with 4% success rate mean 0.04^4 instead?
$endgroup$
– Stewie
Jan 16 at 22:21
add a comment |
$begingroup$
If you run the experiment 100 times the 4 times would be the green side ! This is what success rate means.
Yes you can fail 100 consecutively times, but if you run the experiment infinitely you will get an average of 4 percent. You should think of the percentage as a normalized value.
answered Jan 16 at 22:16
ItsYouItsYou
63
$endgroup$
$begingroup$
The success rate of each time I try the experiment exists independently from other tries. So doesnt 4 success out of 100 tries with 4% success rate mean 0.04^4 instead?
$endgroup$
– Stewie
Jan 16 at 22:21
add a comment |
$begingroup$
If you run the experiment 100 times the 4 times would be the green side ! This is what success rate means.
Yes you can fail 100 consecutively times, but if you run the experiment infinitely you will get an average of 4 percent. You should think of the percentage as a normalized value.
answered Jan 16 at 22:16
ItsYouItsYou
63
$endgroup$
If you run the experiment 100 times the 4 times would be the green side ! This is what success rate means.
Yes you can fail 100 consecutively times, but if you run the experiment infinitely you will get an average of 4 percent. You should think of the percentage as a normalized value.
answered Jan 16 at 22:16
ItsYouItsYou
63
edited Jan 16 at 23:11
answered Jan 16 at 22:16
ItsYouItsYou
63
answered Jan 16 at 22:16
ItsYouItsYou
63
answered Jan 16 at 22:16
ItsYouItsYou
63
63
$begingroup$
The success rate of each time I try the experiment exists independently from other tries. So doesnt 4 success out of 100 tries with 4% success rate mean 0.04^4 instead?
$endgroup$
– Stewie
Jan 16 at 22:21
add a comment |
$begingroup$
The success rate of each time I try the experiment exists independently from other tries. So doesnt 4 success out of 100 tries with 4% success rate mean 0.04^4 instead?
$endgroup$
– Stewie
Jan 16 at 22:21
$begingroup$
The success rate of each time I try the experiment exists independently from other tries. So doesnt 4 success out of 100 tries with 4% success rate mean 0.04^4 instead?
$endgroup$
– Stewie
Jan 16 at 22:21
$begingroup$
The success rate of each time I try the experiment exists independently from other tries. So doesnt 4 success out of 100 tries with 4% success rate mean 0.04^4 instead?
$endgroup$
– Stewie
Jan 16 at 22:21
add a comment |
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