Merits - correlation regression analysis , Operation Research

Assignment Help:

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.


Related Discussions:- Merits - correlation regression analysis

Area under standard normal curve, Area under Standard Normal Curve The...

Area under Standard Normal Curve The graph  of the  standard  normal  curve y = p(z) with  different percentages areas is  shown here. Since p(z) is  a probability  distributi

Expected value analysis, Profitable Casino Corp. (PCC) is a Harrah's wannab...

Profitable Casino Corp. (PCC) is a Harrah's wannabe, intent on mimicking Harrah's analytical marketing techniques.  For example, PCC issues virtually all gamers a PCC "Rewards" car

Simplex method of LP, MAX: 150 X1 + 250 X2 Subject to: 2 X1 + 5 X2 = 200 - ...

MAX: 150 X1 + 250 X2 Subject to: 2 X1 + 5 X2 = 200 - resource 1 3 X1 + 7 X2 = 175 - resource 2 X1, X2 = 0 2. How many units of resource 1 are cons

Mean deviation - measure of dispersion, MEAN DEVIATION Mean  deviati...

MEAN DEVIATION Mean  deviation of a series is the arithmetic  average of the  deviations of various  items  from the  median  or mean  of that series. Median is preferred

Machine tabulation, Machine  Tabulation This methods  of tabulating i...

Machine  Tabulation This methods  of tabulating information  is generally used in  case of extensive  large scale  surveys. Mechanical sorting and tabulating equipments and su

Sample linear programming problems to calculate max profit, The following l...

The following linear programming is written to plan the production of two products. And the company wants to maximize profits. x1 = number of product 1 produced in each batch

Dynamic programming, A company is planning its advertising strategy for the...

A company is planning its advertising strategy for the next year for its three major products.

LPP, A paper mill produces two grades of paper viz., X and Y. Because of ra...

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

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd