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What is Markov Chains or Processes?
Standardizing a Random Variable If X is a random variable with E(X) = m and V(X) = s 2 , then Y = (X – m)/ s is a random variable with mean 0 and standard deviatio
Cylinder The below equation is the common equation of a cylinder. x 2 /a 2 + y 2 /b 2 = 1 This is known as a cylinder whose cross section is an ellipse. If a = b we
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
The area enclosed between two concentric circles is 770cm 2 . If the radius of the outer circle is 21cm, find the radius of the inner circle. (Ans :14cm) Ans: Π R 2 - Π r 2 =
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Example: Find out the radius of convergence for the following power series. Solution : Therefore, in this case we have, a n = ((-3) n )/(n7 n+1 ) a n+1 = (
Complex Numbers In the radicals section we noted that we won't get a real number out of a square root of a negative number. For example √-9 isn't a real number as there is no
CONSTRUCTING TABLES VERSUS ROTE LEARNING : Ask any adult how she would help a child to acquire simple multiplication facts. There is a very strong possibility that she would say,
Rounding whole numbers List the order in which nancy, amy, ethel and cindy line up in single file to board the school bus. Then match the girls with their heights, which are fo
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The Markov processes are described as a set of trials which follow a specific sequence that depend on a given set of probabilities identified as transition probabilities. These probabilities show how a particular activity or product moves from one state to another.
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