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Économie et entreprise Utilitaires

The Probability application allows for easy probability computations directly in your iPhone or iPod Touch.

If you enter the number of trials and the probability of success for a given trial the application will compute the likelihood of observing a certain number of successful outcomes.

Example application: Assume that the probability of converting a sales call to a successful sale is 50 %. If ten sales calls are made, what is the probability of obtaining only four or less conversions from these ten calls? The Probability application gives you the answer (37.7 %).