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Characteristics of Good Average a. It should be Rigidly Defined An average should be rigidly defined so that there is no confusion in regard to its meaning and con
Calculation of Standard Deviation - Discrete Series There are three methods for calculating standard deviation in discrete series": a. Actual Mean Methods: It inc
fair game
The scientific methods is based on certain article of path these are: 1. Reliance on Evidence: Truth is established on the basis of evidence. Conclusion is admitted onl
Select five Operations Research techniques and describe in detail the real world application of such techniques in business decision making.
Question: Machine A costs Rs. 9000. Annual operating costs are Rs. 200 for the first year, and then increase by Rs. 2000 every year. Suppose that the machine has no resale valu
Graphs of Time Series A time series is a sequence of values corresponding to successive points of time. Time series are graphed with time on the x axis and the oth
give the procedure of tracing a closed loop
ABC Bank faces a decision to hire two clerks or lease two automatic teller machines. Service rates of clerk 1 and clerk 2 are 41 customers per hour and 36 customers per hour respec
NON PARAMETRIC TESTS All practical data follow normal distribution under such situations can estimate the parameters such as mean variance etc ,,, and use the standard
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