Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
PROBABILITY DISTRIBUTION
Ordinarily speaking the probability of an event denotes the likelihood of its happening. The value of probability ranges between 0 an 1. If an event is certain to happen it probability would be i and if it is p certain that the event would not take place then the probability of its happening is 0. Ordinarily in social science the probability of the happening of an event is rarely 1 or 0. The reason is that in social sciences we deal with situation where there is always as element of uncertainty about the happening or not happening of an event. For this reason the probability of the events is somewhere between 0 and 1.
The general rule of the happening of an event is that if an event can happen in ways and fail to happen in n ways them the probability of the happening of the vent is given by.
P = m / m+ n or
P= Number of cases favourable to the occurrence of the event / total number of mutually exclusive and exhaustive cases
Odds in favour of the occurrence of the event
= m/n= Number of cases favourable to the occurrence of the event/ the number of cases against the occurrence of the event
Odds against the occurrence of the event
m/n= The number of cases against the occurrence of the event/ the number of cases favourable to the occurrence of the even.
Question A The basic characteristic feature of Operations Research is that it employs mathematical representations or models to analyse problems. Explain the methodology of Operat
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
a paper mill produce two grades of paper viz., X and Y. because of raw material restrictions, it cannot produce more than 400 tona of grade X and 300 tons of grade Yin a week. ther
what are the methodology of operation research
Question 1 Explain Pre-Store opening activities and State at least 10 pre-store opening activities that should be ideally carried out in a retail store? Question 2 What ar
Choose a publicly traded company (NYSE, AMX, or OTC) that interests you. If you don't know how to choose a company, think of IBM, DELL computer, Nike, Apple computer, GM, Ford, Nok
Decision making is not only the headache of management rather all of us make decisions. We daily decide about minor issues. The essential characteristics of all decisions
Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment
A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd