A Study of Business Decisions under Uncertainty
The Probability of the Improbable - With Examples from the Oil and Gas Exploration Industry
- 408bladzijden
- 15 uur lezen
Focusing on the challenges of uncertainty in business operations, this dissertation explores foundational concepts in probability and statistics. It covers essential topics like basic probability principles, univariate and multivariate statistics, data clustering, mapping techniques, and analyses of time sequences and spectra. Through this comprehensive overview, the work aims to enhance understanding of how statistical methods can be applied to everyday business activities.
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