PROBABILITY and IMPORTANCE to RISK MANAGEMENT. What is PROBABILITY? It is a quantitative measure of uncertainty.
Distributions
2. Combinatorial Methods p2. 2.1 Introduction If the sample space is finite and furthermore sample points are all equally likely, then P(A)=N(A)/N(S)
Objectives Solve counting problems using the Multiplication Rule Solve counting problems using permutations Solve counting problems using combinations.
Objectives
Counting Part 10 (KM Koh)
PROBABILITY. The very name calculus of probabilities is a paradox. Probability opposed to certainty is what we do not know, and how can we calculate what.
Lecture 07 Prof. Dr. M. Junaid Mughal Mathematical Statistics.
Probability Boot camp Joel Barajas October 13 th 2008.
Lesson 63 - Combinations Math 2 Honors - Santowski.
Lesson 58 - Combinations
