Calculate the probability for the following statements. Draw the Probability tree diagram also. In a medical college of Pune (a class of 100 people), 30 % people Like to have Misal-pav on the farewell party as per the google form survey. Remaining people have chosen vadapav. Out of those who have chosen Misal-pav 50 % …
NMIMS – Decision Science Assignment of April 2024 Read More »
Q1. Draw the decision tree diagram and explain the best possible decision based on EMVs (Expected Monetary Values) On the 1st April 2023, Rajinder Saproo, an investor is in a dilemma for the investment of 10 lakh INR. He has consulted his Mumbai based friend, MukulBhai Gadhecha, an investment expert for this matter. Mr Saproo …
2022BUSINESS ADMINISTRATION- HONOURS : CALCUTTA UNIVERSITY Paper BBA-A202-C-3(Statistics for Business Decisions)Full Marks : 80 The mean, median, and standard deviation of a distribution are 45, 42, and 18 respectively, to find the skewness of the distribution. The formula for Pearson’s coefficient of skewness, which is a measure of the asymmetry of a distribution. A positive skew …
Q 1: Determine the probabilities for the below given statements and write your interpretation using following data. SOLUTION: To calculate the probabilities and interpret the given data, let’s use the following notations: Interpretation: MBA Tuitions | BBA Tuitions | Online Management Classes| Executive learning | One on one classes | Complete guidance | Study Materials | Mock Tests| Assignment Assistance | PhD guidance | MBA & …
NMIMS Decision Science Assignment Solution for September 2023 Read More »
Q 1: Bad gums may mean a bad mood. Researchers discovered that 85% of people who have suffered a bad mood had periodontal disease, an inflammation of the gums. Only 29% of healthy people have this disease. Suppose that in a certain community bad moods are quite rare, occurring with only 10% probability. If someone …
