Probability distribution Definition with example: The total set of all the probabilities of a random variable to attain all the possible values. Let me give an example. We toss a coin 3 times and try to find what the probability of obtaining head is? Here the event of getting head is known as the random variable. Now what are the possible values of the random variable‚ i.e. what is the possible number of times that head might occur? It is 0 (head never occurs)‚ 1 (head occurs once out of 2 tosses)
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Date _________________________ Multiplication Rule of Probability - Independent Practice Worksheet Complete all the problems. 1. Holly is going to draw two cards from a standard deck without replacement. What is the probability that the first card is a king and the second card is an ace? 2. Thomas has a box with 4 black color bottles and 8 gray color bottles. Two bottles are drawn without replacement from the box. What is the probability that both of the bottles are gray? 3. A jar contains
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the probability of drawing each of the following from a standard deck of cards‚ assuming that the first card is not replaced? a) an ace followed by a 2 b) two aces c) a black jack followed by a 3 d) a face card followed by a black 7 3. Repeat each part of question 2‚ assuming that the first card drawn is replaced and the deck shuffled prior to selecting the second card. 4. What are the odds in favour of rolling a 7‚ or an 11‚ or doubles twice in a row with a pair of standard dice? 5. Paulo’s
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cutting a deck of cards for $1‚000. What is the probability that the card for the gambler will be the following? a. A face card – there are 12 face cards in a deck of 52 cards. The probability would be 12/52 b. A queen – there are 4 queens in a deck‚ so the probability would be 4/52 c. A Spade - There are 13 cards of each suit so the probability is 13/52 or ¼. d. A jack of spades - There is only 1 jack of spades in a deck‚ so the probability would be 1/52 2. The employees in the textile
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random. What is the probability that at least one pair of shoes is obtained? 2. At a camera factory‚ an inspector checks 20 cameras and finds that three of them need adjustment before they can be shipped. Another employee carelessly mixes the cameras up so that no one knows which is which. Thus‚ the inspector must recheck the cameras one at a time until he locates all the bad ones. (a) What is the probability that no more than 17 cameras need to be rechecked? (b) What is the probability that exactly 17
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Chapter 5 Notes Three general reasons for holding onto cash: 1. managing transaction needs 2. preparing for cash emergencies 3. making a temporary investment -very conservative advice suggest you should have enough liquid assets to cover 5 to 8 months of regular expenses -others suggest 2 months is more than enough Four rules to help better cash management outcomes: 1. keep track of your cash by balancing your checkbook every month 2. develop a system to ensure that
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Chapter 3 Notes Important People ● Eliza Lucas became the first person in the colonies to grow Indigo and developed a way of extracting its deep blue dye. She hoped that her Indigo crops would add not only to her family but to the British empire. ● Sir Edmund Andros ruler of New England a veteran military officer from an aristocratic English family ● James II consolidated the Northern colonies into the Dominion of New England in 1686 ● William and Mary succeeded James II after the glorious revolution of 1688
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Chapter 5: DISCIPLINE 1. Definition. a. According to the dictionary‚ discipline is: 1. Training that is expected to produce a specific character or pattern of behavior‚ especially training that produces moral or mental improvement. 2. Controlled behavior resulting from disciplinary training. 3. A systematic method to obtain obedience. 4. A state of order based upon submission to rules and authority. 5. To train by instruction and control. b. Discipline is a learned behavior. It is much more than
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293 CHAPTERS A HISTORICO-COMPARATIVE STUDY OF AFFIRMATIVE ACTION AND EMPLOYMENT EQUITY IN SOUTH AFRICA A historico-comparative study of Affirmative Action and Employment Equity in South Africa is important for a number of reasons. Firstly‚ it draws attention to the history of the country highlighting the fact that the present-day South Africa is deeply rooted in historical "myths and misrepresentations‚ divisions and conflict" (Hartshorne‚ 1992: 20-21). Secondly‚ an historical
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Chapter 5: Internal Scanning: Organizational Analysis 5.1 A Resource-Based Approach to Organizational Analysis Analysts must also look within the corporation itself to identify internal strategic factors—critical strengths and weaknesses that are likely to determine whether a firm will be able to take advantages of opportunities while avoiding threats Core and Distinctive Competencies Types of resources Tangible Assets- plant‚ equipment‚ finances‚ and location Human Assets- number of
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