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Unit No.5.
PROBABILITY
Presented By:
Dr. V. M. Tidake
Ph. D (Financial Management), MBA(FM), MBA(HRM) BE(Chem)
Dean, EDP & Associate Professor MBA
1
Sanjivani College of Engineering, Kopargaon
Department of MBA
www.sanjivanimba.org.in
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302-DECISION SCIENCE
Unit No.5. Probability
5.1 Case 1: Probability
Presented By:
Dr. V. M. Tidake
Ph. D (Financial Management), MBA(FM), MBA(HRM) BE(Chem)
Dean EDP & Associate Professor MBA
2
Sanjivani College of Engineering, Kopargaon
Department of MBA
www.sanjivanimba.org.in
5. www.sanjivanimba.org.in
Probability
• Total Number of possible outcomes, n= 52
i) Let A- Event that a non spade card is selected.
Now there are (52-13) = 39 Non Spade Cards, hence-
• 𝑷 𝑨 = 𝒑 =
𝒎
𝒏
=
𝟑𝟗
𝟓𝟐
=
𝟑
𝟒
i) Let B- Event that the card drawn is a face card.
Now favorable outcomes = 3*4 = 12, hence-
• 𝑷 𝑩 = 𝒑 =
𝒎
𝒏
=
𝟏𝟐
𝟓𝟐
=
𝟑
𝟏𝟑