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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.
Previously discussed how important it is to expose children to a variety of verbal problems involving the concept that they are trying to learn. Children attach meaning to the abst
Arc Length with Parametric Equations In the earlier sections we have looked at a couple of Calculus I topics in terms of parametric equations. We now require to look at a para
The larger of two supplementary angles exceeds the smaller by 180, find them. (Ans:990,810) Ans: x + y = 180 0 x - y = 18 0 -----------------
What is a two step equation that equals 8 ?
briefly explain how the famous equation for the loss of heat in a cylindrical pipe is derived
Q. Define Degrees and Radians? Ans. Just as your height can be measured in meters or feet and your weight can be measured in pounds or kilograms, angles can be measured in
economic order quantities (EOQ) Statistics may be utilized in ordering or making economic order quantities as EOQ. It is significant for a business manager to understand that
Marty used the subsequent mathematical statement to show he could change an expression and still get the similar answer on both sides: 10 × (6 × 5) = (10 × 6) × 5 Which mathematica
STRATEGY It refers to a total pattern of choices employed by any player. Strategy could be pure or a mixed one In a pure strategy, player X will play one row all of the
what is equizilent to 2/5
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