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Quota Sampling: in stratified the cost of taking random samples from individual strata is often so expensive that interviewers are simply give quota to be filled from different str
Managers are very interested in how a consumer makes choice among alternatives. In this exercise, we ask you to consider the price of gasoline you may purchase to operate
Co-relation: Co-relation in this case studies the behavior how each of the investment opportunity would react to any event vis – a vis each other. The same is measured in terms of
The owner of Big Fish supermarket was reviewing some data from a research report on the type of advertisements in the local paper that are most effective. Three types of ads (big
This is not a statistics course, but you need to conduct some analyses to help solidify your knowledge and understanding about statistical data analysis. Now you will use the ' pr
Standard Deviation: The standard deviation is a gauge of the variance, or dispersion, of the market return over its average returns. Thus Standard Deviation gives an insight of tot
1. If each sample taken has 500 units, and the average proportion nonconforming is 0.034, what is the upper and lower control limits for the p-chart? 2. If you sample 450 parts
what is base case NPV?
An electron, an alpha-particle and a proton have the same kinetic energy. Which one of these particles has the largest de-Broglie wavelength ?
a) Statistics are collecting, organizing, summarizing and presenting a set of data. b) Inferential statistics is the learn of a sample that enables us to make estimates about t
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