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Question 1 An experiment succeeds twice as often as it fails. Find the chance that in the next six trials there will be at least four successes
Question 2 An insurance company has discovered that only about 0.1% of the population is involved in a certain type of accident each year. If its 10000 policy holders were randomly selected from the population, what is the probability that not more than 5 of its clients are involved in such an accident next year?
Question 3 Briefly explain Markov chains
Company A and Company B have spent a lot of money on research to develop a cure for the common cold. Winter is approaching and there is certainly going to be a lot of demand for th
use the simplex method to solve the following lp problem. max z = 107x1 + x2 + 2x3 subject to 14x1 + x2 - 6x3 + 3x4 = 7 16x1 + x2 - 6x3 3x1 - x2 - x3 x1,x2,x3,x4 > = 0
We contain a piece of cardboard i.e. 14 inches by 10 inches & we're going to cut out the corners as illustrates below and fold up the sides to form a box, also illustrated below. F
(a) Derive the Marshalian demand functions for the following utility function: u(x 1 ,x 2 ,x 3 ) = x 1 + δ ln(x 2 ) x 1 ≥ 0, x 2 ≥ 0 Does one need to consider the is
Q. What are Mutually Exclusive events? Mutually Exclusive Events are mutually exclusive if they cannot occur at the same time. For example, if you roll one die, you canno
We have claimed that a randomly generated point lies on the equator of the sphere independent of where we pick the North Pole. To test this claim randomly generate ten vectors i
The sum of the series 1+1/2+1/4,..is
Describe the Types of triangles ? Triangles can be classified according to the lengths of the sides or the measures of the angles. 1. Naming triangles by sides An
cos inverse x -cos inverse 2x=pie\2
express each logariths in terms of log3 P and log3 Q. 1. log3 P^2 Q^3
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