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Probability
-Probability is an extremely popular concept in business management. Since it covers the risks such may be included in certain business situations. This is a fact that when a business investment is being arranged, the outcome is generally uncertain. Hence the concept of probability may be utilized to describe the degree of uncertainty of a particular business outcome
Therefore Probability may be defined as the chances of a described event happening. Numerically, probability values range between 1 and 0. A probability of 0 shows the event cannot occur at all. A probability of 1 show the event will certainly happen.
Hence other events have their probabilities along with values lying between 1 and 0
-The formular utilized to determine probability is as given below:
Probability (x) = r/n = favourable out comes/total out comes
Solve by factorization X 2 +(a/a+b + a+b/a)x+1 = 0 X 2 +(a/a+b + a+b/a)x+1 => X 2 +(a/a+b x a+b/ax + a/a+b .a+b/a) => X[x+a/a+b] +a+b/a[a+a*a+b]= 0 => X= -a
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