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MINIMAX regret method Minimax method assumes that the decision maker will experience 'regret' after he has made the decision and the events have happened. The decision maker ch
Normal Distribution Figure 1 The normal distribution reflects the various values taken by many real life variables like the heights and weights of people or the ma
Marks obtained by 70 students are given below: M arks 20 70 50 60 75 90 40 No.
Estimation of population proportions This form of estimation applies at the times while information cannot be described as a mean or as a measure but only as a percentage or fr
The Ravens played 25 home games this year. They had 9 losses and 2 ties. How many games did they win? Eleven games are accounted for along with the losses and ties (9 + 2 = 11)
Explain the Counting Principle in maths? The fundamental counting principle is used when you want to calculate the total number of possible outcomes (or combinations) of an exp
what states and marketing tasks?
Find the length of the second diagonal of a rhombus, whose side is 5cm and one of the diagonals is 6cm.
The King Company is producing two types of products: A and B. Both products are produced on the similar machining operation. The machines operate on two 8-hour shifts, 5 days per w
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