Probability and Percentages, and Their Practical Business Uses

Rhoda Okunev

Chapter Chapter 3 in Analytics for Retail, 2022, pp 23-35 from Springer

Abstract: Abstract This chapter includes basic probability and percent problems that can be used every day in a retail store. The first part of this chapter indicates the rules to follow in probability. Certain rules and fundamental properties are very important to know because they help in understanding the standards of probability. It is also important to know that to change a decimal into a percent, it is multiplied by 100.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4842-7830-7_3

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DOI: 10.1007/978-1-4842-7830-7_3

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