August 2024

Introduction to Probability Notes and Practice Question with Solution

TU BHM 5th Semester Statistics Notes /

Solution: Given that events A, B, and C are mutually exclusive, it means that no two events can occur simultaneously. In other words, the occurrence of one event excludes the occurrence of the other events. The probabilities given are: P(A) = 2/3P(B) = 1/2 P(C) = 1/6 For mutually exclusive events, the probability of the […]

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Unit 3: Economics of Tourism Demand – BHM and IHM Study Notes

Economics Study Notes /

Concept of Tourism Demand Simply, any requirement of tourism is known as tourism demand. In economics, tourism demand can be defined as the quantity demand of tourism goods and services that the tourists are able and willing to purchase or consume during given time period at specific price, keeping other things constant. Demand Function In

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