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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
Using the same mean and standard deviation from problem 10 (mean m = 20.1 and a standard deviation s = 5.8). Joe was informed that he scored at the 68 th percentile on the ACT, wh
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Q. What are Complex numbers? Ans. Complex numbers are numbers of the form a + bi, where a and b are real numbers and i is a special number called the imaginary unit, which
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Solve for x: 4 log x = log (15 x 2 + 16) Solution: x 4 - 15 x 2 - 16 = 0 (x 2 + 1)(x 2 - 16) = 0 x = ± 4 But log x is
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A person spent 12.5% of his money and then rs.1600 and then 40% of the remaining,now left rs.960 with him.What is his original money?
Find quadratic equation using the Quadratic Formula: Solve the subsequent quadratic equation using the Quadratic Formula. 4x 2 + 2 = x 2 - 7x: Solution: Step 1.
The median Merits i. This shows the centre of a described set of data ii. Knowledge of the determination of the median may be extended to find out the quartiles i
Find the sum of (1 - 1/n ) + (1 - 2/n ) + (1 - 3/n ) ....... upto n terms. Ans: (1 - 1/n ) + (1 - 2/n ) - upto n terms ⇒[1+1+.......+n terms] - [ 1/n + 2/n +....+
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