major application areas

Two major applications of probability theory in everyday life are in risk assessment and in trade on commodity markets. Governments typically apply probabilistic methods in environmental regulation where it is called "pathway analysis". Example: In a housing colony..

After the elementary study in probability, let us see how we can utilise this basic knowledge in solving problems of different areas..

. Since the atmospheric level of the gas is only 0.3 to 0.4% and maximum crop yield is reported at 1% level, these plants are ideal for cultivation as they can draw maximum carbon dioxide from the atmosphere, greatly increasing the yield. One of the areas of current focus is the better un..

Transportation Problem - Goods have to be transported from sources (like factories) to destinations (like warehouses) on a regular basis. The transportation problem deals with minimising the costs in doing so. Linear programming effectively deals with this proble..

Biome is a large, regional or sub continental biosystem characterized by a major vegetation type or other distinct landscape characters such as tropical deciduous forest, tundra biome, etc. "The major terrestrial ecosystems (largest ecological units) of distinctive terrestrial h..

Now we shall discuss the use of determinants in finding the area of a triangle and in the solution of simultaneous equation..

The development of the laser has opened many avenues of investigation and improved many others. The important characteristics that have contributed to its usefulness in these many areas are tile coherence, monochromaticity and great intensity of its radiation. (i) The smallest lasers used..

>When wires are stretched, work is done against the internal restoring force and this appears as elastic P.E. in wire. Elastic hysteresis: As the consequence of elastic after-effect, the strain persists even after the stress is removed. The lagging of strain is called elastic hysteresis. The a..

Applications of Radioactivity and Radioisotopes - Radioisotopes find numerous uses in different areas such as medicine, chemistry, biology, archaeology, agriculture, industry and engineeri..

Application of Determinants - Now we shall discuss the use of determinants in finding the area of a triangle and in the solution of simultaneous equation..