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Flow Chart for Confidence Interval
We can now prepare a flow chart for estimating a confidence interval for μ, the population parameter.
Figure
Differentiate between prediction, projection and forecasting.
The cost of living index number on a some data was 200. From the base period, the percentage enhances in prices were-Rent Rs 60, clothing Rs 250, Fuel and Light Rs 150 and Miscella
The PCA is amongst the oldest of the multivariate statistical methods of data reduction. It is a technique for simplifying a dataset, by reducing multidimensional datasets to lower
Suppose that in the actual survey of 50 prospective customers, 6 subscribe to the 3 for all offer, what does this tell you about the previous estimate of the proportion of customer
Make a decision about the given claim. Use only the rare event rule, and make subjective estimates to determine whether events are likely. For example, if the claim is that a coi
Linear Programming
Importance of official statistic
Scenario: Many of the years 5 and year 6 learners' at Woodlands Park School were excited about being chosen for the cross-country team. Every day, they were able to run laps of t
method for solving assingnment problem
it is said that management is equivalent to decision making? do you agree? explain
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