April 2024
Intermediate to advanced
824 pages
36h 45m
English
Content preview from Business Statistics
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Continuous Probability
Distributions
When it is not in our power to determine what is true, we ought to follow what is most
probable
–Descartes
7
LEAR NING OBJECTIVES
Upon completion of this chapter, you will be able to:
CHAPTER
>>>
n Understand the concept of uniform probability distribution
n Understand the concept of normal probability distribution
n Understand the concept of normal approximation of binomial
probabilities
n Solve problems related to exponential probability distribution
STATISTICS IN ACTION: EVEREADY INDUSTRIES (INDIA) LTD
Eveready Industries (India) Ltd, incorporated in 1934, is one of India’s most reputed FMCG companies. The ...