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  • Video 
    Deciding if a distribution is Binomial or Poisson

    Deciding if a distribution is Binomial or Poisson

    In this video we look at how to decide for a given scenario (worded problem) if the distribution described is a Binomial distribution or Poisson distribution and whether its probability distribution function or its cumulative distribution function is required to calculate a specified probability.

    Subjects:
    Mathematics and Statistics
    Keywords:
    Binomial distribution Probabilities Poisson distribution Distribution (Probability theory)
    Resource Type:
    Video
     
  • Video 
    Calculation of probabilities in a Binomial distribution, using tables

    Calculation of probabilities in a Binomial distribution, using tables

    In this video we look at how to use statistical tables to calculate probabilities in a Binomial distribution. This includes an example of using the table for the probability density function to determine the probability the random variable takes a particular value and an example of using the table for the cumulative distribution function to determine the probability the random variable is less than or equal to a certain value and an example determining the probability it is greater than or equal to a certain value.

    Subjects:
    Mathematics and Statistics
    Keywords:
    Probabilities Poisson distribution Distribution (Probability theory)
    Resource Type:
    Video
     
  • Video 
    Calculation of probabilities in a Poisson distribution, using tables - Part 2

    Calculation of probabilities in a Poisson distribution, using tables - Part 2

    In this video we look at how to use statistical tables to calculate probabilities in a Poisson distribution. This includes an example of using the table for the probability density function to determine the probability the random variable is equal to particular value in a case where the average number of events per interval needs to be adjusted to match the units specified in the question and an example of using the table for the cumulative distribution function to determine the probability the random variable takes a value between two specified numbers.

    Subjects:
    Mathematics and Statistics
    Keywords:
    Binomial distribution Probabilities Distribution (Probability theory)
    Resource Type:
    Video
     
  • Video 
    Calculation of probabilities in a Poisson distribution, using tables - Part 1

    Calculation of probabilities in a Poisson distribution, using tables - Part 1

    In this video we look at how to use statistical tables to calculate probabilities in a Poisson distribution. This includes an example of using the table for the probability density function to determine the probability the random variable is equal to a particular value and an example of using the table for the cumulative distribution function to determine the probability the random variable is less than a certain value and an example determining the probability it is greater than or equal to a certain value.

    Subjects:
    Mathematics and Statistics
    Keywords:
    Probabilities Poisson distribution Distribution (Probability theory)
    Resource Type:
    Video
     
  • MOOC 
    MOOC: Business Model Implementation | TU Delft Online

    MOOC: Business Model Implementation | TU Delft Online

    You will also learn about the practical factors that need to be taken into consideration during the transition process, i.e. the competency of your people and your IT, in order to successfully implement a new business model. What you'll learn: How to create a business model roadmap. How to plan concrete actions to realize a new business model. How to find partners to realize a new business model. In this business and management course, you will learn how to make a practical action plan to implement your new business model. Designing a new business model is one thing, but how do you actually put it into practice? How do you move from your current model to a new business model? You will create a business model roadmap that will include practical activities that take into consideration the possible risks associated with moving to a new business model.

    Subjects:
    Management
    Keywords:
    Business planning Strategic planning Industrial management
    Resource Type:
    MOOC
     
    OER
  • MOOC 
    MOOC: The Value of Business Models | TU Delft Online

    MOOC: The Value of Business Models | TU Delft Online

    Does your business need a make-over? Are you unsure how to start? Having an innovative business model is key for a profitable business and growth. In this business and management course, you will learn how to design, test and implement new business models for sustainable success. This course introduces you to the main topics of business model innovation. You will learn what drives business model innovation and why it is valuable to you and your business. You will apply practical tools to (re)design and test a business model. Be inspired by real-life business model examples from fellow entrepreneurs and learn from leading experts who design business model innovations. By the end of this course, you will be able to structure your thinking and communicate your business model ideas and learn how to improve your own business. Start the course anytime, and complete it at your own pace! What you'll learn: What a business model is. Why business models matter to your firm and the value they bring. How business model innovation improves business performance. How tooling can help you to innovate your business model.in

    Subjects:
    Management
    Keywords:
    Business planning Strategic planningIndustrial management
    Resource Type:
    MOOC
     
    OER