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Mean
The mean is commonly the most significant of all the numerical measurements used to describe data, and it is what the most people call an average.
Example
Find the mean of the following sample of numbers.
28 36 49 20 17
Solution:
(28 + 36 + 49 + 20 +17) /5 = 150/5 = 30
Ask Suppose that the expected number of phone calls that are handel by a switchboard in each second is 5.35. Assume that the distribution of the number of phone calls per second fo
Report on the residual plots – are the assumptions of the regression met
Base year price 10,12,18,20 and quantity 49,25,10,5 respectively. current yr quantity 50,20,12& 2
Please see attachment.
You are working for the management of ESK Jewellery as a marketing consultant. The main business of ESK Jewellery is the retailing of diamond jewellery. They opened their first sho
Trendline equation
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HOW I CAN WORK UPON EWMA CHARTS?
The correlation coefficient can take values from -1 to 1. If the correlation coefficient lies in the range (-1,0) then we say that the correlation is negative, on the other hand if
Mention the characteristics of Statistics. Explain any two applications of Statistics.
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