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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.
find k,is -2 a root of the equation 3x2
without a calculator give the exact value of each of the following logarithms. (a) (b) log1000 (c) log 16 16 (d) log 23 1 (e) Solution (b) log10
find the modulus Z=(2-i)(5+i12)/(1+i2)^3
E1) Why do we shift the place by one, of the result in the second row of the calculation, when we multiply, say, 35 by 237 E2) Write down the algorithm for the multiplication of
1+1=
There may be more than one independent variable which determines the value of y. The dimension of a function is determined by the number of independent variables in the
3x2+5x-2
Q. Example of negative number? If you take an elevator 8 stories down , what would be the opposite of this? The opposite would be that you take the elevator 8 stories up .
Objectives After reading this unit, you should be able to 1. Explain the meaning of multiplication / division and interpret it in different contexts; 2. Convert symbo
1.A=the set of whole numbers less tan 4 ? 2.B=the set of prime numbers less than 19 ? 3.C=the set of first three days of week?
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