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Histogram:
It is generally used for charting continuous frequency distribution. In histogram, data are plotted as a series of rectangle one over the other. Class intervals are shown on x axis and the frequencies on y axis. There are as many rectangle as there are classes. The height of each rectangle is taken equal to its frequency. It means the height of rectangle represent the frequency of that group. Each rectangle is gained with the other so as to give a continuous picture. The area of this graph represents the total frequencies .Such a graph is also known as block diagram or staircase diagram.
a. How can break-even analysis be used in selecting a new plant site? b. What are potential advantages and disadvantage of locating a production facility in foreign country i
Level of Significance: α The main purpose of hypothesis testing is not to question the computed value of the sample statistic, but to make judgment about the difference between
discuss the mathematical test of adequacy of index number of formulae. prove algebraically that the laspeyre, paasche and fisher price index formulae satisfies this test. What is
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Chebychev inequality
Geometric Mean The geometric mean of numbers is defined as the th root of the product of numbers .It is obtained by multiplying all the values of a variable and then extracti
PROPERTIES 1. The value of standard deviation remains the same if, in a series each of the observation is increased or decreased by a constant quantity. In statistical lan
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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
HOW WOULD YOU INTERPRET THIS PROBABILITY:P(a)=1.05
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