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Application of Probability in Business
1. Business games of chance for illustration, Raffles Lotteries.
2. Insurance firms: this is generally done when a new client or property is being insured. The company has to be certain about the chances of the insured risks happening.
3. Business decision making regarding viability of projects hence the projects along with a greater probability has greater chances.
express 4:24 as fraction in lowest term
Coal is carried from a rrrine in West Virginia to a power plant in New York in hopper cars on a long train. The automatic hopper car loader is set to put 36 tons of coal in each ca
if 2 ballons cost 12 coins,use equivelent ratios to see how many coins 8 ballons would cost
How do you solve a table to get the function rule?
find the ratio of 1:4
01010011 01100101 01101101 01110000 01100101 01110010 00100000 01000110 01101001 00100001
Arc Length with Vector Functions In this part we will recast an old formula into terms of vector functions. We wish to find out the length of a vector function, r → (t) =
Your engineering department estimated the following production function. Q = 15L 2 - 0.5L 3 a. What is the marginal product of labor function, MP L ? b. What is the aver
write and solve a problem of multiplacation that uses: estimate explaning numbers picturs and another operation?
Calculate the area and perimeter of a parallelogram: Calculate the area and perimeter of a parallelogram with base (b) = 4´, height (h) = 3´, a = 5´ and b = 4´. Be sure to in
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