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Application of Probability in Business
1. Business games of chance for illustration, Raffles Lotteries.
2. Insurance firms: this is generally done when a new client or property is being insured. The company has to be certain about the chances of the insured risks happening.
3. Business decision making regarding viability of projects hence the projects along with a greater probability has greater chances.
a²+b²=1 a+b
One-to-one function: A function is called one-to-one if not any two values of x produce the same y. Mathematically specking, this is the same as saying, f ( x 1 ) ≠ f ( x 2
to difine trigonometric ratios of an angle,is it necessary that the initial ray of the angle must be positive x-axis?
Both need to be a full page, detailed proof. Not just a few lines of proof. (1) “Every convergent sequence contains either an increasing, or a decreasing subsequence (or possibly
Differentiate y = x x Solution : We've illustrated two functions similar to this at this point. d ( x n ) /dx = nx n -1 d (a x ) /dx= a
The two sides of a triangle are 17 cm and 28 cm long, and the length of the median drawn to the third side is equal to 19.5 cm. Find the distance from an endpoint of this median to
tanx dx
Hypothesis Testing Definition of Hypothesis Testing - A hypothesis is a claim or an opinion about an issue or item. Hence it has to be tested statistically in order to esta
Find the relation between x and y when the point (x,y) lies on the straight line joining the points (2,-3) and (1,4) [ Hint: Use area of triangle is 0] Ans : Hint: If the poi
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