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merits and demerits of methods to determin trends
According to a recent study, when shopping online for luxury goods, men spend a mean of $2,401, whereas women spend a mean of $1,527. Suppose that the study was based on a sample o
The total number of overtime hours (in 1000s) worked in a large steel mill was recorded for 16 quarters, as shown below. Year Quarter Overtime hour
why we use dummy variable
calculate variance and standard deviation of the following sample 12,22,32,13,12,23,34,52,56,23,44,32,11,11
To study the physical fitness of a sample of 28 people, the data below was collected representing the number of sit-ups that a person could do in one minute. 10 12
The following are the various types of common averages used in statistical analysis given in the form of a chart. Figure 1
b. 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
Calculation for Discrete Series or Ungrouped Data The formula for computing mean is = where, f = fr
Examine properties of good average with reference to AM, GM, HM, MEAN MEDIAN MODE
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