A-Level Maths | Binomial Distribution
* X~B(n, p) means that a random variable (event) X follows a binomial distribution with:
* n - number of trials
* p - probability of success
* P(X=x) = (nCr) x (p of
Jaisul Naik
State Provision | A-Level Economics Model Paragraph (AQA, Edexcel, OCR)
State provision occurs when the government choose to provide goods and services free of charge, to correct a market failure. For example, dental care is a service that has positive externalities in consumption.
Edexcel A-Level Maths Past Papers June 2024
* Edexcel A-Level Maths Paper 1 June 2024
* Edexcel A-Level Maths Paper 2 June 2024
* Edexcel A-Level Maths Paper 3 Mechanics June 2024
* Edexcel A-Level Maths Paper 3 Statistics June 2024
Fixed Exchange Rate | A-Level Economics Model Paragraph (AQA, Edexcel, OCR)
Exchange rates are the price of a currency in terms of another. A fixed exchange rate is when the value of the currency is managed by the central bank who buy and sell
Causes of a Currency Depreciation | A-Level Economics Model Paragraph (AQA, Edexcel, OCR)
Exchange rates are the value of one currency in terms of another. Three factors that can cause a currency to depreciate are a decrease in exports, an increase in imports and a decrease