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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
A ride in a taxicab costs $1.25 for the first mile and $1.15 for each additional mile. Which of the following could be used to computed the total cost y of a ride which was x miles
We will be looking at solutions to the differential equation, in this section ay′′ + by′ + cy = 0 Wherein roots of the characteristic equation, ar 2 + br + c = 0 Those
Exponential smoothing It is a weighted moving average technique, this is described by: New forecast = Old forecast + a (Latest Observation - Old forecast) Whereas a = Sm
Q. How to Convert decimals to fractions? Ans. Note: This tutorial covers only terminating decimals.
Ask question draw a line parallel to given line xy at a distance of 5cm from it #Minimum 100 words accepted#
of all those survey 390 were under 18 years of age if 20%were 18, how many responded to the survey
Set M= {m''s/m is a number from 5 to 10}
Correlation and Regression Correlation CORRELATION is an important statistical concept which refers to association or interrelationship among variables. The reasons of
How can i get a better understanding of logistics without having a degree on logistics and knowledge of it? Simply, in a very basic form..
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