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Demerits a.It cannot be used in the case of bi variate distribution. b.If the numbers of items are greater than say 30, the calculation becomes tedious and requ
Level of Significance In testing a given hypothesis the maximum probability with which we would be willing to take risk is called level of significance of the test.
Chi Square Test for Independence of Attribute The chi square test can be used to find out whether two or more attributes are associated or not. This test helps in fin
Problem What are important objectives of strategic management and the causes for failure t of strategic management Objectives To keep pace with the changing business e
The demand of ice cream during the three summer months (June, July, and August) at All-Flavors Parlor is estimated at 500,600, and 400 20-gallon cartons, respectively. Two wholesal
Cost- sampling decisons σ x¯ =S/√n Where is the standard error of he mean is the standard devaluation of the population and n is t
A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
Word problems based on formulation of linear programming problems. 2. A manufacturer produces nuts and bolts for industrial machinery. It takes 1 hour of work on machine 1 an
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 paper i
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