RISK MANAGEMENT Introduction We have throughout portrayed risk as having a negative effect e.g. great steps in medical fields have been achieved at the personal risk of those researchers prepared to test drugs and treatment; risk is also at Read More …
Day: October 15, 2020
INSURANCE AND RISK MANAGEMENT
INTRODUCTION 1.1 Concept of Risk The word risk is certainly used frequently in everyday conversation and seems to be well understood. Risk implies some form of uncertainty about an outcome in a given situation. An event might occur and Read More …
Introduction to Probability Notes
Introduction to probability Notes[tnc-pdf-viewer-iframe file=”https://masomomsingi.co.ke/wp-content/uploads/2020/10/Introduction-to-probability-Notes.pdf” width=”100%” height=”800″ download=”true” print=”true” fullscreen=”true” share=”true” zoom=”true” open=”true” pagenav=”true” logo=”true” find=”true” current_view=”true” rotate=”true” handtool=”true” doc_prop=”true” toggle_menu=”true” toggle_left=”true” scroll=”true” spread=”true” language=”en-US” page=”” default_zoom=”auto” pagemode=””] What is Probability? Probability theory is the branch of mathematics that studies Read More …