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Probability and Simulation

Give an insight into the different approaches to Probability Theory.

Questions

Lessons

Give an insight into the different approaches to Probability Theory.
What is a Random Variable? How is it characterized?
Explain the fundamental rules of probability.
What is a Probability Distribution? What are the different types of probability distributions?
What is Set theory? Is this relevant to business and management?
How are sets represented?
What are the typical operations performed on sets?
What is the importance of De Morgan’s law?
What is a function? Why is a function important?
Explain the different types of functions?
What is an algorithm?
Explain the concept of complexity of an algorithm.
What is a matrix? What are the application areas for matrices?
Describe the types of matrices commonly encountered.
What are the fundamental operations that are performed on matrices?
What are Determinants? What role do determinants play in matrix algebra?
How is the division operation carried out on matrices?
What is Logic, and what are the applications of this field?
Are there logic operations similar to mathematical operations?
Explain the concept of conditional statements.
What is the notion of Quantifier as applied to logic?

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