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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 prop
Q. Suppose the probability of David coming to a party is 75% and the probability of Jason coming to a party is 85%. What is the probability that they will both come to a party, a
The last topic that we have to discuss in this section is that of parallel & perpendicular lines. Following is a sketch of parallel and perpendicular lines. Suppose that th
What is the largest number (in decimal) that can be made with 6 bits?
A boy covered half of distance at 20km/hr and rest at 40kmlhr. calculate his average speed.
If p,q,r are roots of x^3-3x^2+4x-7=0 (p+2)(q+2)(r+2)=
what is actual error and how do you calculate percentage error
Evaluate the given limits, showing all working: Using first principles (i.e. the method used in Example 1, Washington 2009, Using definition to find derivative ) find the
A manufacturer assures his customers that the probability of having defective item is as 0.005. A sample of 1000 items was inspected. Determine the probabilities of having the give
If two vertices of an equilateral triangle are (0, 0) and (3, 0), find the third vertex. [Ans: 3/2 , 3/√ 3/2 or 3/2, -3√ 3/2] Ans: OA = OB = AB OA 2 = OB 2 = AB 2
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