Business Homework Solutions
Problem
#44163

How different statistical devices can be used in business?

How the following statistical devices can be used in business today? Describe their usefulness and how businessman can be benefit, or how to help them in making sound decisions. (Explain individually)
--probability
--probability distributions
--normal distribution
--permutation and combinations



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"Probability distribution assigns to every interval of the real numbers a probability, so that the probability axioms are satisfied. Probability distributions have many different..."

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