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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 mortgage lender seeks to maximize the expected value of its portfolio. The portfolio, of course, is the sum of all of the mortgages in it, so no generality is lost by examining t
How many integers satisfy (sqrt n- sqrt 8836)^2 Solution) sqrt 8836 = 94 , let sqrt n=x the equation becomes... (x-94)^2 (x-94)^2 - 1 (x-95)(x-93) hence 93 8649 the number o
The cost of renting a bike at the local bike shop can be represented through the equation y = 2x + 2, where y is the total cost and x is the number of hours the bike is rented. Whi
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Smooth Curve - Three Dimensional Space A smooth curve is a curve for which → r' (t) is continuous and → r' (t) ≠ 0 for any t except probably at the endpoints. A helix is a s
I should have an account balance for $50.96. You took out $50.96 for a product on 6/18 which was NOT downloaded or delivered as it not available in the time frame I needed it. I am
shares and dividend
81 miles equal how many inches simplify your answer integer od decimal..
Write a function that computes the product of two matrices, one of size m × n, and the other of size n × p. Test your function in a program that passes the following two matrices t
Devise one activity each to help the child understand 'as many as' and 'one-to-one correspondence'. Try them out on a child/children in your neighbourhood, and record your observat
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