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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
Comparison Test or Limit Comparison Test In the preceding section we saw how to relate a series to an improper integral to find out the convergence of a series. When the inte
1+1
Retail price index This is weighted average of price relatives based on an average household in the base year. The items consumed are divided into groups as liker food, transp
Indeterminate form : The 0/0 we initially got is called an indeterminate form. It means that we don't actually know what it will be till we do some more work. In the denominator
find the ratio of 1:4
Example: Find a general solution to the subsequent differential equation. 2 y′′ + 18 y + 6 tan (3t) Solution First, as the formula for variation of parameters needs coe
verify liouville''s theorem for y''''''-y''''-y''+y=0
The m&m factory produces 2,500 packs of plain m&ms each day. Represent the total number of packs of plain m&ms the factory makes each day
Classify models based on the degree of their abstraction, and provide some examples of such models.
Consider the function f(x) = 2x 2 + 1. Find the equation of the tangent to the graph of f(x) at x = 2. [NOTE: when calculating f'(2), use first principles.
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