Many people know that the chances of winning the lottery are slim. In fact, we can use mathematics to show just how slim these chances are by calculating the probability of winning a given lottery based on how many numbers are chosen and whether or not the order of the numbers matter or...
Probability is a part of mathematical calculation that has a plethora of applications. Whether you want to measure the sales growth of your organization or identifying the chances of generating new customers for your business, the probability is there at your disposal. When something is likely to ...
Probability on a Calculator (TI-83 Plus)Businesses use probability theory to determine what their long-term gains and losses will be. It is used in predicting weather and in genetics to determine what traits children may have from their parents. The idea of probability is determining the ...
X1X1is a random variable with probability densityf(x)f(x)in the range[0,1][0,1]. A value ofX1X1is picked, call its valuepp. A coin is playednntimes with a probabilityppto come up heads in each time. Calculate the expected value of the number ofkkheads in thennplays in the fol...
"Of course, we now know that Richard was there all along, so this is not a probability like the probability of getting 'heads' if you toss a coin. This is more like the odds in a horse race - after the race, you know which horse has won but before it starts you can still assess...
Answer to: Calculate the probability that, if one person is selected at random from the group, this person will be a person not older than 21. By...