what is the probability of not getting the newspaper on time if the probability of getting it on time is 41.4%?

Objective Function: The Objective Function is a linear function of variables which is to be optimised i.e., maximised or minimised. e.g., profit function, cost function etc. The objective function may be expressed as a linear expression. Constraints: A linear equation represents a s..

Graphical Representation of Data - Most people show lack of interest or have no time to go through facts and figures given in a daily newspaper or a magazine. But if these figures are graphically presented, they become easier to grasp and catch the eye and have a more lasting ef..

Introduction - In our day to day life, we come across many uncertainty of events. We wake up in the morning and check the weather report. The statement could be 'there is 60% chance of rain today'. This statement infers that the chance of rain is more than that having a dry weather. We decide upon ..

Conditional Probability - Let us consider the random experiment of throwing a die. Let A be the event of getting an odd number on the die. \ S = {1, 2, 3, 4, 5, 6} and A = {1, 3, 5} Let B = {2, 3, 4, 5, 6}. If, after the die is thrown, we ..

A bag contains 5 white and 8 black balls, 2 balls are drawn at random. Find a) The probability of getting both the balls white, when the first ball drawn, is replaced. b) The probability of getting both the balls white, when the first ball is not r..

A decision which is considered the best one, taking into consideration all the circumstances is called an optimal decision. The process of getting the best possible outcome is called optimisation. The best profit is the maximum profit. Hence optizmizing the profit would mean maximising t..

We know that the feasible solution of an LPP is a set. This set (If it is finite non-empty) is convex for any L.P.P. There are four types of feasible region normally we get..

Permutations - The different arrangements that can be made with a given number of things taking some or all of them at a time are called permutations. The symbol n P r or P(n,r) is used to denote the number of permutations of n things taken r at a time..

The linear programming technique helps to make the best possible use of available productive resources (such as time, labour, machines etc.) In a production process, bottle necks may occur. For example, in a factory some machines may be in great demand while others may lie idle for s..

In our day to day life, we come across many uncertainty of events. We wake up in the morning and check the weather report. The statement could be 'there is 60% chance of rain today'. This statement infers that the chance of rain is more than that having a dry weather. We decide upon our breakfast f..