# Custom «Decision on Uncertainity» Essay Paper Sample

Introduction.

Probability theory according to Bayes’ theorem it shows the relation between one conditional probability and its inverse. Simple mathematical formula is used for calculating conditional probabilities. A formulated hypothesis requires a collected data that justifies it. Bayes' Theorem relates the "direct" probability of a hypothesis.

Each term in Bayes' theorem has a conventional name: The key idea is that the probability of event A and event B  depends not only on the relationship between A and B.P(A) is the prior probability or marginal probability of A.P(A|B) is the conditional probability of A, given B or the posterior probability because it is derived from or depends upon the specified value of B.P(B|A) is the conditional probability of B given A. It is also called the likelihood.P(B) is the prior or marginal probability of B, and acts as a normalizing constant.

## Buy Decision on Uncertainity essay paper online

 Title of your paper Type of assignment EssayTerm paper    CourseworkResearch paper    Research proposalGrant ProposalCase Study    Case BriefDiscussion Board Post    Reaction paper    Response paperLiterary analysis    Article Review    Article Critique    Movie Review    Movie Critique    Book Report    Book ReviewSynopsisPoemLetter    Motivation letterMemoScholarship essayArticle writing    Blog ArticleAnnotated Bibliography    Literature ReviewOutlineOnline TestQuestions-Answers    Multiple Choice QuestionsInterviewQuestionnaireSpeechDissertation    Dissertation chapter - Abstract    Dissertation chapter - Introduction    Dissertation chapter - Hypothesis    Dissertation chapter - Literature review    Dissertation chapter - Methodology    Dissertation chapter - Results    Dissertation chapter - Discussion    Dissertation chapter - ConclusionThesis    Thesis Proposal    Thesis/dissertation chapterCapstone ProjectIB Extended EssayLab reportBusiness Report    Business plan    Marketing PlanWhite paperFormattingEditing    ProofreadingRewritingRevisionPowerpoint Presentation    Powerpoint Presentation Poster    PDF PosterExcel Exercises Academic level High School College University Master's PHD Urgency 11 days, Thu, Oct 08 9 days, Tue, Oct 06 7 days, Sun, Oct 04 5 days, Fri, Oct 02 4 days, Thu, Oct 01 3 days, Wed, Sep 30 48 hours, Tue, Sep 29 24 hours, Mon, Sep 28 12 hours, Sun, Sep 27 8 hours, Sun, Sep 27 6 hours, Sun, Sep 27 3 hours, Sun, Sep 27 Spacing Single spaced Double spaced Pages 300 words / 1page600 words / 2pages900 words / 3pages1200 words / 4pages1500 words / 5pages1800 words / 6pages2100 words / 7pages2400 words / 8pages2700 words / 9pages3000 words / 10pages3300 words / 11pages3600 words / 12pages3900 words / 13pages4200 words / 14pages4500 words / 15pages4800 words / 16pages5100 words / 17pages5400 words / 18pages5700 words / 19pages6000 words / 20pages6300 words / 21pages6600 words / 22pages6900 words / 23pages7200 words / 24pages7500 words / 25pages7800 words / 26pages8100 words / 27pages8400 words / 28pages8700 words / 29pages9000 words / 30pages9300 words / 31pages9600 words / 32pages9900 words / 33pages10200 words / 34pages10500 words / 35pages10800 words / 36pages11100 words / 37pages11400 words / 38pages11700 words / 39pages12000 words / 40pages12300 words / 41pages12600 words / 42pages12900 words / 43pages13200 words / 44pages13500 words / 45pages13800 words / 46pages14100 words / 47pages14400 words / 48pages14700 words / 49pages15000 words / 50pages15300 words / 51pages15600 words / 52pages15900 words / 53pages16200 words / 54pages16500 words / 55pages16800 words / 56pages17100 words / 57pages17400 words / 58pages17700 words / 59pages18000 words / 60pages18300 words / 61pages18600 words / 62pages18900 words / 63pages19200 words / 64pages19500 words / 65pages19800 words / 66pages20100 words / 67pages20400 words / 68pages20700 words / 69pages21000 words / 70pages21300 words / 71pages21600 words / 72pages21900 words / 73pages22200 words / 74pages22500 words / 75pages22800 words / 76pages23100 words / 77pages23400 words / 78pages23700 words / 79pages24000 words / 80pages24300 words / 81pages24600 words / 82pages24900 words / 83pages25200 words / 84pages25500 words / 85pages25800 words / 86pages26100 words / 87pages26400 words / 88pages26700 words / 89pages27000 words / 90pages27300 words / 91pages27600 words / 92pages27900 words / 93pages28200 words / 94pages28500 words / 95pages28800 words / 96pages29100 words / 97pages29400 words / 98pages29700 words / 99pages30000 words / 100pages30300 words / 101pages30600 words / 102pages30900 words / 103pages31200 words / 104pages31500 words / 105pages31800 words / 106pages32100 words / 107pages32400 words / 108pages32700 words / 109pages33000 words / 110pages33300 words / 111pages33600 words / 112pages33900 words / 113pages34200 words / 114pages34500 words / 115pages34800 words / 116pages35100 words / 117pages35400 words / 118pages35700 words / 119pages36000 words / 120pages36300 words / 121pages36600 words / 122pages36900 words / 123pages37200 words / 124pages37500 words / 125pages37800 words / 126pages38100 words / 127pages38400 words / 128pages38700 words / 129pages39000 words / 130pages39300 words / 131pages39600 words / 132pages39900 words / 133pages40200 words / 134pages40500 words / 135pages40800 words / 136pages41100 words / 137pages41400 words / 138pages41700 words / 139pages42000 words / 140pages42300 words / 141pages42600 words / 142pages42900 words / 143pages43200 words / 144pages43500 words / 145pages43800 words / 146pages44100 words / 147pages44400 words / 148pages44700 words / 149pages45000 words / 150pages45300 words / 151pages45600 words / 152pages45900 words / 153pages46200 words / 154pages46500 words / 155pages46800 words / 156pages47100 words / 157pages47400 words / 158pages47700 words / 159pages48000 words / 160pages48300 words / 161pages48600 words / 162pages48900 words / 163pages49200 words / 164pages49500 words / 165pages49800 words / 166pages50100 words / 167pages50400 words / 168pages50700 words / 169pages51000 words / 170pages51300 words / 171pages51600 words / 172pages51900 words / 173pages52200 words / 174pages52500 words / 175pages52800 words / 176pages53100 words / 177pages53400 words / 178pages53700 words / 179pages54000 words / 180pages54300 words / 181pages54600 words / 182pages54900 words / 183pages55200 words / 184pages55500 words / 185pages55800 words / 186pages56100 words / 187pages56400 words / 188pages56700 words / 189pages57000 words / 190pages57300 words / 191pages57600 words / 192pages57900 words / 193pages58200 words / 194pages58500 words / 195pages58800 words / 196pages59100 words / 197pages59400 words / 198pages59700 words / 199pages60000 words / 200pages60300 words / 201pages60600 words / 202pages60900 words / 203pages61200 words / 204pages61500 words / 205pages61800 words / 206pages62100 words / 207pages62400 words / 208pages62700 words / 209pages63000 words / 210pages63300 words / 211pages63600 words / 212pages63900 words / 213pages64200 words / 214pages64500 words / 215pages64800 words / 216pages65100 words / 217pages65400 words / 218pages65700 words / 219pages66000 words / 220pages66300 words / 221pages66600 words / 222pages66900 words / 223pages67200 words / 224pages67500 words / 225pages67800 words / 226pages68100 words / 227pages68400 words / 228pages68700 words / 229pages69000 words / 230pages69300 words / 231pages69600 words / 232pages69900 words / 233pages70200 words / 234pages70500 words / 235pages70800 words / 236pages71100 words / 237pages71400 words / 238pages71700 words / 239pages72000 words / 240pages72300 words / 241pages72600 words / 242pages72900 words / 243pages73200 words / 244pages73500 words / 245pages73800 words / 246pages74100 words / 247pages74400 words / 248pages74700 words / 249pages75000 words / 250pages75300 words / 251pages75600 words / 252pages75900 words / 253pages76200 words / 254pages76500 words / 255pages76800 words / 256pages77100 words / 257pages77400 words / 258pages77700 words / 259pages78000 words / 260pages78300 words / 261pages78600 words / 262pages78900 words / 263pages79200 words / 264pages79500 words / 265pages79800 words / 266pages80100 words / 267pages80400 words / 268pages80700 words / 269pages81000 words / 270pages81300 words / 271pages81600 words / 272pages81900 words / 273pages82200 words / 274pages82500 words / 275pages82800 words / 276pages83100 words / 277pages83400 words / 278pages83700 words / 279pages84000 words / 280pages84300 words / 281pages84600 words / 282pages84900 words / 283pages85200 words / 284pages85500 words / 285pages85800 words / 286pages86100 words / 287pages86400 words / 288pages86700 words / 289pages87000 words / 290pages87300 words / 291pages87600 words / 292pages87900 words / 293pages88200 words / 294pages88500 words / 295pages88800 words / 296pages89100 words / 297pages89400 words / 298pages89700 words / 299pages90000 words / 300pages90300 words / 301pages90600 words / 302pages90900 words / 303pages91200 words / 304pages91500 words / 305pages91800 words / 306pages92100 words / 307pages92400 words / 308pages92700 words / 309pages93000 words / 310pages93300 words / 311pages93600 words / 312pages93900 words / 313pages94200 words / 314pages94500 words / 315pages94800 words / 316pages95100 words / 317pages95400 words / 318pages95700 words / 319pages96000 words / 320pages96300 words / 321pages96600 words / 322pages96900 words / 323pages97200 words / 324pages97500 words / 325pages97800 words / 326pages98100 words / 327pages98400 words / 328pages98700 words / 329pages99000 words / 330pages99300 words / 331pages99600 words / 332pages99900 words / 333pages100200 words / 334pages100500 words / 335pages100800 words / 336pages101100 words / 337pages101400 words / 338pages101700 words / 339pages102000 words / 340pages102300 words / 341pages102600 words / 342pages102900 words / 343pages103200 words / 344pages103500 words / 345pages103800 words / 346pages104100 words / 347pages104400 words / 348pages104700 words / 349pages105000 words / 350pages105300 words / 351pages105600 words / 352pages105900 words / 353pages106200 words / 354pages106500 words / 355pages106800 words / 356pages107100 words / 357pages107400 words / 358pages107700 words / 359pages108000 words / 360pages108300 words / 361pages108600 words / 362pages108900 words / 363pages109200 words / 364pages109500 words / 365pages109800 words / 366pages110100 words / 367pages110400 words / 368pages110700 words / 369pages111000 words / 370pages111300 words / 371pages111600 words / 372pages111900 words / 373pages112200 words / 374pages112500 words / 375pages112800 words / 376pages113100 words / 377pages113400 words / 378pages113700 words / 379pages114000 words / 380pages114300 words / 381pages114600 words / 382pages114900 words / 383pages115200 words / 384pages115500 words / 385pages115800 words / 386pages116100 words / 387pages116400 words / 388pages116700 words / 389pages117000 words / 390pages117300 words / 391pages117600 words / 392pages117900 words / 393pages118200 words / 394pages118500 words / 395pages118800 words / 396pages119100 words / 397pages119400 words / 398pages119700 words / 399pages120000 words / 400pages120300 words / 401pages120600 words / 402pages120900 words / 403pages121200 words / 404pages121500 words / 405pages121800 words / 406pages122100 words / 407pages122400 words / 408pages122700 words / 409pages123000 words / 410pages123300 words / 411pages123600 words / 412pages123900 words / 413pages124200 words / 414pages124500 words / 415pages124800 words / 416pages125100 words / 417pages125400 words / 418pages125700 words / 419pages126000 words / 420pages126300 words / 421pages126600 words / 422pages126900 words / 423pages127200 words / 424pages127500 words / 425pages127800 words / 426pages128100 words / 427pages128400 words / 428pages128700 words / 429pages129000 words / 430pages129300 words / 431pages129600 words / 432pages129900 words / 433pages130200 words / 434pages130500 words / 435pages130800 words / 436pages131100 words / 437pages131400 words / 438pages131700 words / 439pages132000 words / 440pages132300 words / 441pages132600 words / 442pages132900 words / 443pages133200 words / 444pages133500 words / 445pages133800 words / 446pages134100 words / 447pages134400 words / 448pages134700 words / 449pages135000 words / 450pages135300 words / 451pages135600 words / 452pages135900 words / 453pages136200 words / 454pages136500 words / 455pages136800 words / 456pages137100 words / 457pages137400 words / 458pages137700 words / 459pages138000 words / 460pages138300 words / 461pages138600 words / 462pages138900 words / 463pages139200 words / 464pages139500 words / 465pages139800 words / 466pages140100 words / 467pages140400 words / 468pages140700 words / 469pages141000 words / 470pages141300 words / 471pages141600 words / 472pages141900 words / 473pages142200 words / 474pages142500 words / 475pages142800 words / 476pages143100 words / 477pages143400 words / 478pages143700 words / 479pages144000 words / 480pages144300 words / 481pages144600 words / 482pages144900 words / 483pages145200 words / 484pages145500 words / 485pages145800 words / 486pages146100 words / 487pages146400 words / 488pages146700 words / 489pages147000 words / 490pages147300 words / 491pages147600 words / 492pages147900 words / 493pages148200 words / 494pages148500 words / 495pages148800 words / 496pages149100 words / 497pages149400 words / 498pages149700 words / 499pages150000 words / 500pages Currency Total price:

* Final order price might be slightly different depending on the current exchange rate of chosen payment system.

Research Theory.

Opening a business requires a lot of risks and considerations which are discovered more while planning or doing research. Some of the considerations include capital, the right venue to set it, labor, security and much more.

A cyber is what I had in mind and I did a research on its advantages (A)and disadvantages (D). With the data collection, I would come to a conclusion if it is the right business to put up. I found the were already a few cyber existing within the area and I decided to have a talk with some of them.

My research mostly concentrated on the area I wanted to set up the business. I talked to one of the business owners who informed me that he invested around 70,000/= in his cyber as he started it and within half an year he gained a profit of 50%. He made over 105,000/=. He therefore was able to return the money he invested on and a 50% profit of the invested money.

There are times that the business doesn’t pick up as expected.accourding to his speculation, there is a 25% of loss within an year. Whereby we are left with 75% of profit within the same year. I set up the variables to examine the probability of profit that one can earn and probability of loss according to my findings.

Want an expert write a paper for you?

Talk to an operator now!

-Probability of profit within an year is 75% ;(Pp = 0.75)

-Probability of loss within an year is 25% (Pl=0.25)

I inquired form another business man how the response of the customers was. I wanted to know if they were interested in cyber services within the area. He gave an approximation of 880% of customers that took full advantage of the services that his cyber had to offer. Therefore leaving us with 20% that do not take interest in cyber services.

-Probability of Customers interested 80% (PCi= 0.80)

-Probability of Customers not interested 20% (PCo=0.02)

I was also interested in security within the area. Safety is the best precaution for any business. So my findings according to the business men were 30% of security available within the area which means we are left with 70% of insecurity. Some had to provide their own security by hiring watchmen and other extra precautions. This obviously alarmed me and which meant I had to take security measures into consideration.

Hurry up! Limited time offer

Get

19%OFF

Use discount code

0
0
days
:
0
0
hours
:
0
0
minutes
:
0
0
seconds

-Probability of Security is 30% (PSi=0.30)

-Probability of Insecurity is 70% (PSo=0.70)

Based on the above calculations, the advantages are more than those of disadvantages. Meaning by putting up a cyber I would experience some losses or disadvantages as I would call them but the advantages or profits would cover up the losses.

Most popular orders

We provide excellent custom writing service

Our team will make your paper up to your expectations so that you will come back to buy from us again.

Get 15%OFF