February 2016
Intermediate to advanced
480 pages
219h 58m
English
S11.1 How would you go about attempting to come up with the probability of a “super-event” or the probability of a “unique-event?” What factors would you consider?
S11.2 Phillip Witt, president of Witt Input Devices, wishes to create a portfolio of local suppliers for his new line of keyboards. As the suppliers all reside in a location prone to hurricanes, tornadoes, flooding, and earthquakes, Phillip believes that the probability in any year of a “super-event” ...