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Decision-making Under Conditions of Risk With decision-making under conditions of risk all possible states of nature are known and the decision maker has sufficient knowledge
Find the probability of drawing a diamond card in each of the consecutive draws from a well shuffled pack of cards,if the card drawn is not replaced after the first draw.
What decimal is represented by point A on the number line? The hash marks indicate units of 0.01 between 0.75 and 0.80. Point A is 0.77. See the ?gure below.
A coin is tossed twice and the four possible outcomes are assumed to be equally likely. If A is the event, both head and tail have appeared , and B be the event at most one tail i
Q. What is Box-and-Whisker Plot? Ans. Line graphs or stem-and-leaf plots become difficult to manage when there is a large amount of data. Box-and-whisker plots help summa
Randi takes the stairs at work whenever possible instead of the elevator. She must climb up 51 steps from her office to get to the accounting department. The human resources depa
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Give me an example , please : 1 over 2 , 14 over twenty-eight
Q. How many permutations can you make of the word STATISTICS? Solution: There are 10 letters in the word STATISTICS, i.e. n=10. Three of them are S's, so n 1 =3, three are T'
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