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Demerits of Range
a.It gives importance to the two extreme values and is very much affected by the extreme items.
b.The range provides no information about the structure of the series.
c.Range is influenced very much by fluctuations of sampling.
d.Due to the above demerits disadvantages range is not a reliable measure of dispersion.
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
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Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2
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Variables A concept which varies is variable. These can be different in quantitative values. For example, weight, height, income are examples of variables. Qualitative phenom
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