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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
Given f (x) = - x 2 + 6 x -11 determine each of the following. (a) f ( 2) (b) f ( -10) (c) f (t ) Solution (a) f ( 2) = - ( 2) 2 + 6(2) -11 = -3 (
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47x+33y=143
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Identify the flaw in the following argument which supposedly determines that n 2 is even when n is an even integer. As well name the reasoning: Assume that n 2 is
using the g.e matrix, how can you turn an unattractive product to be attractive
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It refers to the ratio of the explained variation to the total variation and is utilized to measure the strength of the linear relationship. The stronger the linear relationship th
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