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Merits
a.It is simple to understand and easy to calculate.
b.It is very useful in the case of data which are of qualitative nature like intelligence honesty beauty efficiency etc.
c.No other methods can be used when ranks are given except this.
d.When the actual data are given this method can also applied.
Summary Report The report format suggested above does not contain any summary section. This exclusion is deliberate. The summary should not be prepared until t
Question: Machine A costs Rs. 9000. Annual operating costs are Rs. 200 for the first year, and then increase by Rs. 2000 every year. Suppose that the machine has no resale valu
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
how to use simples method
A paper mill produces two grades of paper viz., X & Y. Because of raw material restrictions, it cannot produce more 400 tons of grade X paper & 300 tons of grade Y paper in a week.
The following equation gives Jane's linear demand curve for visits to a nearby national park. Q is the number of visits per week and P represents the price of a pass (price per vi
Problem 1 (Problem 23, page 507) At a machine tool plant, five jobs must be completed each day. The time it takes to do each job depends on the machine used to do the job. If a mac
Inability of NIH, FDA, to Identify Conflict of Interest While federal regulations require that researchers receiving NIH grants remain free of financial conflicts of interest,
Regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual#
Sample Assignment for minimum spanning tree problems For the subsequent graph get the minimum spanning tree. The numbers on the branches presents the cost.
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