Problem solving
ADJUSTING ACCOUNTING ENTRIES PART 1
Adjusting accounting entries is our new topic. We concluded accounting entries and recording last week. You know doubt feel...
Writer’s Block
Imagine how hard it is to write about writer’s block when you are currently experiencing it. No step feels...
TRANSACTION ANALYSIS AND RECORDING PART 3
About two weeks ago, precisely on May 15, 2022 we discussed part two of our transaction analysis and recording....
BAYES THEOREM
Bayes theorem is a mathematical theorem that allows one to calculate the probability of an event, given the evidence...
RANDOM VARIABLE AND PROBABILITY DISTRIBUTION
Random variables are numeric description of the outcomes of an event or experiment. We had previously learnt that, an...
Mountain Man Brewing Company: Bringing the Brand back to Light
Chris Prangel, the marketing manager wants to decide whether to launch Mountain man Light (MMI) or not.
ON THE OTHER SIDE, THE GIFT OF FEAR
‘’ …you gain strength, courage, and confidence by every experience in which you stop to look fear in the...
Double Entry Accounting
Double entry bookkeeping is a system for recording a business transaction. The system requires that each business enter its...
UNDERSTANDING PROBABILITY RULES
Understanding probability rules is essential for solving probability problems. There are a number of rules applicable: multiplication rule, addition...
PROBABILITY AND ITS TERMS
Learn probability, because probability and decision making are closely related. Probability is a numerical measurement of the likelihood of...
