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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
Question: There are 6 letters and 6 self addressed envelopes.What is the probability that atleast 1 is placed correctly?? Ans: If we let A be the event that letter A is in the cor
Bayes’ Theorem In its general form, Bayes' theorem deals with specific events, such as A 1 , A 2 ,...., A k , that have prior probabilities. These events are mutually exclusive
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A series is said to be in Arithmetic Progression (A.P.) if the consecutive numbers in the series differs by a constant value. This constant value is referre
Show that the points (3, 0), (4, 5), (-1, 4) and (-2, -1) taken in order are the vertices of a rhombus. Also find the area of the rhombus.
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The general solution to a differential equation is the most common form which the solution can take and does not take any initial conditions in account. Illustration 5: y(t) =
if triangle abc is similar to def and ab/de=3/4 find the ratio af their perimeter and area
if area of a rectangle is 27 sqmtr and it perimeter is 24 m find the length and breath#
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