Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
Introduction Human Resource Management (HRM) and Human Resource Development (HRD) are two distinct yet closely interconnected domains within an organization. While HRM emphasizes the strategic and operational management of the…
IntroductionHuman Resource Management (HRM) is a strategic and systematic approach to managing an organization’s most valuable asset—its people. The primary objective of HRM is to optimize employee performance in alignment…
Linear programming (LP) is a mathematical technique used to optimize a linear objective function, subject to a set of linear constraints. Two primary methods for solving LP problems are the…
IntroductionInterval estimation is a statistical technique used to estimate population parameters—such as the mean or proportion—by providing a range of values, called a confidence interval, within which the true parameter…
Introduction Statistical estimation methods are broadly categorized into point and interval estimation. While point estimation provides a single value as an estimate of a population parameter, interval estimation offers a…
IntroductionEstimation is a fundamental aspect of inferential statistics, involving the use of sample data to make informed inferences about unknown population parameters. This process enables researchers to draw conclusions about…
IntroductionOption valuation in the field of probability and statistics involves determining the fair value of an option contract using mathematical models. These models incorporate various parameters such as the underlying…
IntroductionValue at Risk (VaR) and Conditional Value at Risk (CVaR) are fundamental statistical tools employed in the field of finance for the measurement and management of risk. These metrics are…
In the study of probability and statistics, the Binomial, Poisson, and Normal distributions represent three fundamental types of probability distributions, each serving distinct purposes based on the nature of the…
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