Slide 1SADC Course in Statistics Conditional Probabilities and Independence (Session 03) Slide 2 To put your footer here go to View > Header and Footer 2 Learning Objectives…
Slide 1QBM117 Business Statistics Probability Conditional Probability Slide 2 Objectives To calculate probabilities from contingency tables To develop an understanding of…
Slide 1CHAPTER 5 REVIEW Slide 2 As a part of a promotion for a new type of cracker, free trial samples are offered to shoppers in a local supermarket. The probability that…
Slide 1Math 3680 Lecture #3 Probability Slide 2 We hear about chance in several different contexts: 1. A certain horse is given 5:1 odds to win a race. 2. A banker recommends…
Slide 1Conditional probability Slide 2 Ordinary Probability You are dealt two cards from a deck. What is the probability the second card dealt is a Jack? We reason that if…
Slide 1Preparing a Decision Table Slide 2 WHY: Decision tables are used to lay out in tabular form all possible situations which a business decision may encounter and to…
Slide 1 Slide 2 6.1 Simulation Probability is the branch of math that describes the pattern of chance outcomes – It is an idealization based on imagining what would happen…
Slide 1President UniversityErwin SitompulPBST 2/1 Dr.-Ing. Erwin Sitompul President University Lecture 2 Probability and Statistics http://zitompul.wordpress.com Slide 2…
Slide 1Lecture 11 Introduction to Probability Slide 2 Which one would you be most likely to play Consider the following three games. Which one would you be most likely to…