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PROBABILITY

AFTERSCHO☺OL
– DEVELOPING CHANGE MAKERS
CENTRE FOR SOCIAL ENTREPRENEURSHIP
PGPSE PROGRAMME –
World’ Most Comprehensive programme in social
entrepreneurship & spiritual entrepreneurship
OPEN FOR ALL FREE FOR ALL

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PROBABILITY
Dr. T.K. Jain.
AFTERSCHO☺OL
Centre for social entrepreneurship
Bikaner M: 9414430763
tkjainbkn@yahoo.co.in
www.afterschool.tk, www.afterschoool.tk
www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
If I toss a coin 2 times, what are the
total possibilities?
• There are four possibilities: H= Head, T =
tail
• HH, HT, TT, TH

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How many possibilities are there if
we toss a dice 2 times?
• 11,12,13,14,15,16,21,22,23,24,25,26,31,3
2,33,34,35,36,41,42,43,44,45,46,51,52,53
,54,55,56,61,62,63,64,65,66
• Thus there are 6* 6 = 36 possibilities.

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We have two shooters, Goutam
and Dhawal. There are 1/3 chances
that each of them can shoot. Some
they aim at the target, what is the
possibility that the target is not hit
by either of them (one shot each)?

The chance that Dhawal will not hit is 2/3 (1-


1/3). Same is the probability with Goti. So
the total probability is 2/3 * 2/3 = 4/9
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www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
We have three shooters, Nidhi and
Jayati & Sudha. There are 1/5
chances that each of them can
shoot. they aim at the target, what
is the possibility that the target is hit
by either of them?

The chance that it is not hit is 4/5*4/5*4/5 =


64/125
The chance that it is hit is 1-64/125 =
61/125.
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www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
We have 4 shooters,
Manjari,Mayank, Jitu,, Sapna.
There are 1/6 chances each of
them can shoot. they aim at the
target, what is the possibility that
the target is NOT hit by either of
them ?
5/6 *5/6*5/6*5/6 =625/1296

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WHAT IS THE PROBILITY THAT I
PICK UP A CARD FROM A PACK
OF CARDS AND IT IS RED?

• There are 26 cards which are red.


• Thus the probability is 26/52
• Or ½ answer.

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Sapna, Goutam and Nidhi try to
solve some difficult questions in
Maths. The probability that they can
solve it is 1/6 (for each one). What
is the probability that the problem
will be solved?
• The problem will not be solved:
5/6*5/6*5/6 = 125/216
• The problem will be solved : 1-125/216
• =91/216 answer
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www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
Mayank, & Prateek try to solve
some difficult questions in Maths.
The probability that they can solve
it is 1 / 4 (for each one). What is the
probability that the problem will be
solved?
• 1 – (3/4 * ¾) = 7/16 answer

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www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
Dhawal, Prateek, Sapna, Jayati try
to solve some difficult questions in
Maths. The probability that they can
solve it are : ¼, 1/5, 1/6, 1/6
(respectively). What is the
probability that the problem will be
solved?
• ¾*4/5*5/6*5/6 = 300/720
• 1-300/720 = 420/720 or 7/12 answer

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What is the probability that when
we draw a ball, it is green ball from
a basket containing 5 red and 10
green balls?
• There are 10 green balls out of total 15
balls, so the probability is 10/15 or 2/3
answer.

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What is the probability that when
we draw 2 balls, they are green
balls from a basket containing 5 red
and 10 green balls?
• 10/15 * 9/14
• =90 /210
• =3/7 this question can also be solved as :
• 10c2 / 15c2
• =10*9/2*1 divided by 15*14/2*1
• =45/105 or
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3/7 answer
AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
What is the probability that when
we draw 3 balls, they are green
balls from a basket containing 5 red
and 10 green balls?

• 10/15*9/14*8/13 =72/273
• Or : 10 C 3 / 15C 3
• (10*9*8)/(3*2*1) divided by
(15*14*13/3*2*1)
• =72/273 =24/91 answer
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www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
What is the probability that when
we draw 4 balls, they are green
balls from a basket containing 5 red
and 10 green balls?

• 10/15*9/14*8/13*7/12 = 14/91 OR
• 10C4 / 15C4
• =(10*9*8*7) / (4*3*2*1) Divided by
(15*14*13*12*)/(4*3*2*1)
• =14/91 answer.
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www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
What is the probability that when
we draw 6 balls, they are green
balls from a basket containing 5 red
and 10 green balls?

• 10C6 / 15 C 6
• (10*9*8*7*6*5)/(6*5*4*3*2*1) divided by
(15*14*13*12*11*10)/(6*5*4*3*2*1)
• =210 / 5005
• =42/1001 answer.
www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
A bag contains 30 balls numbered
from 1 to 30. What is the probability
that if I draw a ball, it contains
numbers in the multiple of 7?
• 4 / 30 or 2/15 answer. (there are only 4
multiples of 7 till 30, these are 7,14,21,28).

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A bag contains 30 balls numbered
from 1 to 30. What is the probability
that if I draw a ball, it contains
numbers in the multiple of 5?
• 6/30 or 1/5 answer.

www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS


ABOUT AFTERSCHO☺OL
Afterschoool conducts three year integrated PGPSE
(after class 12th along with IAS / CA / CS) and 18
month PGPSE (Post Graduate Programme in Social
Entrepreneurship) along with preparation for CS / CFP /
CFA /CMA / FRM. This course is also available online
also. It also conducts workshops on social
entrepreneurship in schools and colleges all over India –
start social entrepreneurship club in your institution
today with the help from afterschoool and help us in
developing society.

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Why such a programme?
• To promote people to take up entrepreneurship
and help develop the society
• To enable people to take up franchising and
other such options to start a business / social
development project
• To enable people to take up social development
as their mission
• To enable people to promote spirituality and
positive thinking in the world

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Who are our supporters?
• Afterschoolians, our past beneficiaries,
entrepreneurs and social entrepreneurs
are supporting us.
• You can also support us – not necessarily
by money – but by being promotor of our
concept and our ideas.

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About AFTERSCHO☺OL PGPSE – the
best programme for developing great
entrepreneurs
• Most flexible, adaptive but rigorous programme
• Available in distance learning mode
• Case study focused- latest cases
• Industry oriented practical curriculum
• Designed to make you entrepreneurs – not just
an employee
• Option to take up part time job – so earn while
you learn
• The only absolutely free course on internet
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Workshops from
AFTERSCHO☺OL
• IIF, Delhi
• CIPS, Jaipur
• ICSI Hyderabad Branch
• Gyan Vihar, Jaipur
• Apex Institute of Management, Jaipur
• Aravali Institute of Management, Jodhpur
• Xavier Institute of Management, Bhubaneshwar
• Pacific Institute, Udaipur
• Engineering College, Hyderabad

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Flexible Specialisations:
• Spiritualising business and society
• Rural development and transformation
• HRD and Education, Social Development
• NGO and voluntary work
• Investment analysis,microfinance and inclusion
• Retail sector, BPO, KPO
• Accounting & Information system (with CA / CS /CMA)
• Hospital management and Health care
• Hospitality sector and culture and heritage
• Other sectors of high growth, high technology and social
relevance

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Salient features:
• The only programme of its kind (in the whole world)
• No publicity and low profile course
• For those who want to achieve success in life – not just a
degree
• Flexible – you may stay for a month and continue the rest of
the education by distance mode. / you may attend weekend
classes
• Scholarships for those from poor economic background
• Latest and constantly changing curriculum – keeping pace
with the time
• Placement for those who are interested
• Admissions open throughout the year
• Latest and most advanced technologies, books and study
material

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Components
• Pedagogy curriculum and approach based on IIM Ahmedabad and ISB
Hyderabad (the founder is alumnus from IIMA & ISB Hyderabad)
• Meditation, spiritualisation, and self development
• Essential softwares for business
• Business plan, Research projects
• Participation in conferences / seminars
• Workshops on leadership, team building etc.
• Written submissions of research projects/articles / papers
• Interview of entrepreneurs, writing biographies of entrepreneurs
• Editing of journals / newsletters
• Consultancy / research projects
• Assignments, communication skill workshops
• Participation in conferences and seminars
• Group discussions, mock interviews, self development diaryng
• Mind Power Training & writing workshop (by Dr. T.K.Jain)

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Pedagogy
• Case analysis,
• Articles from Harvard Business Review
• Quiz, seminars, workshops, games,
• Visits to entrepreneurs and industrial visits
• Presentations, Latest audio-visuals
• Group discussions and group projects
• Periodic self assessment
• Mentoring and counselling
• Study exchange programme (with institutions out of
India)
• Rural development / Social welfare projects
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Branches
• AFTERSCHO☺OL will shortly open its
branches in important cities in India
including Delhi, Kota, Mumbai, Gurgaon
and other important cities.
Afterschooolians will be responsible for
managing and developing these branches
– and for promoting social entrepreneurs.

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Case Studies
• We want to write case studies on social
entrepreneurs, first generation
entrepreneurs, ethical entrepreneurs.
Please help us in this process. Help us to
be in touch with entrepreneurs, so that we
may develop entrepreneurs.

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Basic values at AFTERSCHO☺OL
• Share to learn more
• Interact to develop yourself
• Fear is your worst enemy
• Make mistakes to learn
• Study & discuss in a group
• Criticism is the healthy route to mutual support
and help
• Ask fundamental questions : why, when, how &
where?
• Embrace change – and compete with yourself
only
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www.afterschoool.tk
social entrepreneurship for better
society

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