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Statistical process control, a methodology used for controlling and improving the outcomes of operational processes, has been in use for almost 100 years! It was widely used in ma
Precis worked examples
What is regression analysis ? Discuss the relation between ''correlation coefficient'' and the ''regression coefficients''?
uses of time series with example
Model 1: Let's consider the logistic regression model, which we will refer to as Model 1, given by log(pi / [1-pi]) = 0.25 + 0.32*X1 + 0.70*X2 + 0.50*X3
difference between historigram and histogram
To history income and expenditures/expenses when they connect with the identification requirements of the finance form engaged regardless of when the money action happens.
Continuous probability distributions: Procurement and working capital analysis – Normally distributed random variables and their transformation Procedures The data is measure
do this
order tomatoes in crates of 25 kg and he is able to stock a maximum of four crates or 100 kg of tomatoes. His experience taught him that the daily demand ranges from 0 to100 kg of
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