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The Lognormal Distribution If ln(X) is a normally distributed random variable, then X is said to be a lognormal variable. If P1, P2, P3, ... are the prices of a scrip in per
Illustration 2 In a described farm located in the UK the average salary of the employees is £ 3500 along with a standard deviation of £150 The similar firm has a local
The two sides of a triangle are 17 cm and 28 cm long, and the length of the median drawn to the third side is equal to 19.5 cm. Find the distance from an endpoint of this median to
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 prop
What is the ratio of the areas of sectors I and II ? (Ans:4:5) Ans: Ratio will be 120/360 Π r 2 : 150/360 Π r 2 4/12 : 5/12 =
The remainder when 5^99 is divided by 13 Ans) 8 is the remainder.
Example of 3-D Coordinate System Example: Graph x = 3 in R, R 2 and R 3 . Solution In R we consist of a single coordinate system and thus x=3 is a point in a 1-D co
round 200 to nearest hundreds
INTRODUCTION : All of us have encountered mathematics while growing up. Some of us have grown to like it, and therefore, enjoy. doing it. Some others have developed a lukewarm rel
convert the ratio in friction form
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