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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
The scores of students taking the ACT college entrance examination are normally distributed with a mean µ = 20.1 and a standard deviation σ = 5.8. a) A single student is sele
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a shopkeeper buys two cameras at the same price . he sells one camera at a profit of 18% and the other at a price of 10% less than the selling price of the first camera. find his p
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Two angles are complementary. The calculate of one angle is four times the measure of the other. Evaluate the measure of the larger angle. a. 36° b. 72° c. 144° d. 18°
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1. a) Find the shortest paths from r to all other nodes in the digraph G=(V,E) shown below using the Bellman-Ford algorithm (as taught in class). Please show your work, and draw t
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