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Divestment Definition.

February 21, 2023 by Annmarie

Divestment is the process of selling or spinning off assets, businesses, or investments. A company may divest itself of non-core businesses or products in order to focus on its core competencies. A company may also choose to divest itself of a struggling business unit in order to focus on more profitable ventures. There are several … Read more

Binomial Distribution: Definition, Formula, Analysis, and Example.

October 25, 2022 by Annmarie

Binomial Distribution: Definition, Formula, Analysis, and Example What is binomial distribution and mention its formula? A binomial distribution is a type of probability distribution in which there are only two possible outcomes. The formula for a binomial distribution is: P(x) = (n choose x) * p^x * (1-p)^(n-x) where: n = the number of trials … Read more