Techniques for Business Decisions
5: be able to explore marketing concepts using probability statistics

5. be able to explore marketing concepts using probability statistics
The principal source is a Power Point lecture on concepts of probability, written by Chris Grover (KAC). You should print this out using the 'File-->Print-->Print What-->Handouts' section of Powerpoint. Then access the worksheet document and perform the calculations requested. Probability is not everyone's 'cup of tea' but make as much progress as you consider feasible in order to accumulate marks for this exercise.
- PowerPoint Lecture on probability
- Probability - text version of Power Point slides, plus questions
APEL task [max 400 words]
Work your way through the questions included in the 'Probability - text version of Power Point slides' above.

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