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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
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Q1: Find three positive numbers whose sum is 54 and whose product is as large as possible.
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Given the vectors u = 3 i - 2 j + k , v = i + 2 j - 4 k , w = -2 i + 4 j - 5 k use vector methods to answer the following: (a) Prove u , v and w can form
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