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merits and demerits of methods to determin trends
Importance of official statistic
Disadvantages The value of mode cannot always be determined. In some cases we may have a bimodal series. It is not capable of algebraic manipulations. For example, from t
introduction of median
Determine the Effects of Stopping Smoking On Weight Gain As part of a study to determine the effects of stopping smoking on weight gain, nine females were weighed on the day t
a) List down several measures of central tendency and define the difference among them? b) What do you mean by confidence interval, and why it is useful? What is a confidence lev
Risk of Portfolios So far, we have seen the application of standard deviation in the context of risk in single investment. But usually most investors hold portfolios of securi
Importance and Application of probability: Importance of probability theory is in all those areas where event are not certain to take place as same as starting with games of
When the number of farmers growing wheat in Russia increases, the increase in world supply lowers the world price of wheat. Draw an appropriate diagram to analyze how this chang
Systematic Random Sampling This method is generally used in such cases where a complete list of the population is available from which sample has to be selected. Under this
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