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Example Suppose the demand and cost functions are given by Q = 21 - 0.1P and C = 200 + 10Q Where, Q - Quantity sold
1. Suppose the arrival times of phone calls in a help centre follow a Poisson process with rate 20 per hour (so the inter-arrival times are independent exponential random variables
The Laplace method Laplace method employs all the information by assigning equal probabilities to the possible payoffs for every action and then selecting such alternative whic
a) A husband and wife appear in an interview for two vacancies in the same post. The probability of husband's selection is 1/7 and that of wife's selection is 1/5. What is th
if A be the area of a right triangle and b be one of the sides containing the right angle, prove that the length of the altitude on the hypotenuse is 2Ab/rootb^4+4A^2
Relationship between the inverse sine function and the sine function We have the given relationship among the inverse sine function and the sine function.
Construct the finite automaton for the state transition table given below. Ans: The finite automata is displayed below. The initial state is marked along with arrow sign a
Caterer determines that 87% of people who sampled the food thought it was delicious. A random sample of 144 out of population of 5000 taken. The 144 are asked to sample the food. I
ABC is a right triangle right-angled at C and AC=√3 BC. Prove that ∠ABC=60 o . Ans: Tan B = AC/BC Tan B = √3 BC/BC Tan B =√3 ⇒ Tan B = Tan 60 ⇒ B = 60
One coin is tossed thrice. what will be the probability of getting neither 3 heads nor 3 tails
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