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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.
A card is chosen at random from a pack of playing cards.what is d probability that it is either a heart or the queen of spades
what is a fraction?
all formulas of plane figures
Example of Subtraction of Fractions: 1/3 + 1/6 + 1/8 = ____ Using trial & error we could search that 24 is the LCD or smallest number in which 3, 6, and 8 will all divide w
If a^n+1 + b^n+1/a^n + b^n is the arithmetic mean of a and b then find n. Answer:Arithmatic mean of a,b is =(a+b)/2 from the problem (a+b)/2=(a^n+1 +b ^n+1)/(a^n+b^n) then (a+
Approximating Definite Integrals - Integration Techniques In this section we have spent quite a bit of time on computing the values of integrals. Though, not all integrals can
SOLVE AND GRAPH THE PARABOLA NOTE: WRITE YOUR SOLUTIONS AND COMPLETE EQUATION OF GRAPH SPOINTS EACH 1. V(0,0) (0.2) P-2 2. V(0,0) E-5,0) P=-5 3. V(4-3) F(4,-2) P=1 4. V-1,5)
10 puzzles
I gave my niece a whole heap of beads and showed her how to divide it up into sets of 10 beads each. Then I showed her how she could lay out each set of I0 beads in a line, and cal
It may seem like an odd question to ask and until now the answer is not all the time yes. Just as we identify that a solution to a differential equations exists does not implies th
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