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In this method variables beings studied are controlled by the investigator. In other the effect of one variable is observed while other relevant variables are held constant.
This methods includes field experiment as well as laboratory experimentation. In field experiment the study is conducted b comparing experimental group with the control group. In laboratory experiment the investigator creates a situation with the exact conditions he wants to have and in which he controls some and manipulates other variables. He then observes and measures the effect of the manipulation of the independent variables on the dependent variables in a situation in which the operation of other relevant factors is held to a minimum.
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
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
Deviation Taken from Assumed Mean This methods is assorted when the arithmetic average is a fractional value. Taking deviation from fractional value would be a ver
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
1) Provide an overall description of the business and the competitive environment in which it operates. You should describe: a) what type of business it is (e.g. retail, manuf
Goal Programming This provides a more realistic model. In a modern setting, profit maximization may not be the only objective of a business concern. Other objectives or goals c
Do it Everything about the presentation is ready and so are you. The only things left if to face the audience in a confident and positive manner and leave a mark on
The action phase consists of making recommendations for remedial action to those who first posed the problem and who control the operations directly. These recommendatio
Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X 1, X2 = 0
Regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual#
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