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These models deal with the selection of an optimal course of action given the possible pay offs and their associated probability of occurrence. These models are broadly applied to problems involving decision making under risk and uncertainly.
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
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
Panel Sampling Here the initial samples are down on random basis and information from these is collected on regular basis. Itis semi permanent sample where members may
Briefly discuss the concept of Reporting Entity in SAC 1 How asset is defined and recognised under the AASB Framework? Silver Developers Ltd is a property development company
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#qudistinguish between histogram and historigram estion..
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A company uses 4 pounds of resource 1 to make each unit of X1 and 3 pounds of resource 1 to make each unit of X2. There are only 150 pounds of resource 1 available. Which of the fo
what happen if line balancing does not exist
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