6 Questions
What is the main focus of probability in class 12 commerce?
Analyzing the likelihood of future events in business and economics
Why is understanding probability important for commerce students?
To make informed business decisions based on future uncertainties
What is a key application of probability in commerce?
Risk assessment and management
What is the definition of probability?
The likelihood of a specific event occurring
In probability, what does the sample space represent?
All possible outcomes of an experiment
What is the complement of an event in probability?
The event not occurring
Explore the main focus of probability in class 12 commerce and its key applications in this quiz. Test your knowledge and understand the significance of probability in making informed business decisions.
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