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CORRELATION
Correlation is the study of the liner relationship between two variable when there is a relationship of quantitative measures between two set of variable the appropriate statistical tool for measuring the relationship and expressing each in a precise way is known as correlation. For example there is a relationship between the heights and weights of persons demand and prices of commodities etc.
According to W.I. King Correlation means that between two series or groups of data there exists some relationship connections.
According to croxton and Cowden" The appropriate statistical tool for discovering and measuring the relationship of quantitative nature and expressing it in brief formula is known as correlation.
The coefficient of correlation measures the degree of relationship between two set of figures. As the reliability of estimates depend upon the closeness of the relationship it is imperative that utmost care be taken while interpreting the value of coefficient of correlation otherwise fallacious conclusion can be draw.
Explain Decision Making Process. Decision Making Process: A good decision can only be prepared as a result of a rational decision making process. The different stages of the
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Stratified Sample Size The sampling study has depended much on the stratified sample to reduce the sampling error, samples size may have a number of strata or cluster
QUARTILES The three points on the scale of observation ( or values of the variable) which divide the total frequency into four equal parts are called quartiles for t
mile-high microbrewery makes a light beer and a dark beer. mile-high has a limited supply of barley, limited bottling capacity, and a limited market for light beer. profits are $0.
A company produce three sizes of windows fans small,medium and large. The manager has formulated an LP model for production.
Ranganathan's Principles: Perhaps it would be worthwhile to consider the Five Laws of Library Science of Dr. S. R. Ranganathan as the basic guidelines for formulating the obje
undertake the proposed research investigation in accordance with the agreed specification and procedures
Name the feature which is not normally associated with a Non-Governmental Organisation (NGO)? Government funded is the organisation.
What is the role of decision making in OR
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