Maths: Binomial Probability Law Each trial has only two possible outcomes (Hence the name…) Must be two discrete variables n identical trials Each trial is independent of other trials P(success) = p, P(failure) = q = 1-p p and q remain constant throughout the trials In n trials, x successes are possible, where 0 £ x £ n … Read More
[A Solution Game] A man bought a house Can anyone write the procedure how to solve this below problem?It seems we will have two answers according to the way of resolvers thinking can be thinking with Maths or with Business, please write down and share in the comment: Problem:====== “A person bought a house for $60,000. Soon thereafter they sold it for $70,000,… Read More