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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.
Here we need to see the inverse of a matrix. Provided a square matrix, A, of size n x n if we can get the other matrix of similar size, B that, AB = BA = I n after that we call
Critical Point Definition : We say that x = c is a critical point of function f(x) if f (c) exists & if either of the given are true. f ′ (c ) = 0 OR f ′ (c
how do I do it.
limit x APProaches infinity (1+1/x)x=e
what is the are of a square that is 2 inches long and 2 inches wide?
help
how do you solve a homogeneous ode that''s not in a multiplication or division form
1+3+5+7+9+11+13+15+17+19
Q. How to Add Mixed Numbers? Ans. If you have to add mixed numbers, you might try this method first: First rewrite the mixed number as a whole number plus a fracti
Differentiate following. Solution : It requires the product rule & each derivative in the product rule will need a chain rule application as well. T ′ ( x ) =1/1+(2x) 2
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