RL20306 Decision Science 1
Chamberlian School of Nursing
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Answers ORL20306 Decision Science 1
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Answer: 1INTRODUCTIONIf you flip a coin, what are the chances of it getting heads? Half, exactly. And what if you fliptwo coins, what are the chances of both of the coins getting tails? One quarter. This is whatprobability is.Probabilityis a mathematical instrument that is used to study randomness. Itis concerned with the possibility (probability) of an event occurring. Probability can never benegative. If the probability of an event occurring is 1, then it is certain that the event willdefinite...
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