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Multiple Objectives
The sample may vary according to the objective of the research. There may several objectives of marketing research so the sample size may vary as per distinctive objectives. Apart from these objectives statistical variable are also taken into consideration viz, confidence level desired standard deviation and so on. These may also affect the samples size.
Characteristics of Good Average a. It should be Rigidly Defined An average should be rigidly defined so that there is no confusion in regard to its meaning and con
These models deal with the selection of an optimal course of action given the possible pay offs and their associated probability of occurrence. These models are broadly
Short Define operations research as a decision-making science
In a rectangular game, pay-off matrix of player A is as follows: Player B B1 B2 Player A A1 A2 i) Solve the game. ii) Write down the pay-off matrix of B and th
Other Determinants of Sample Size 1. The variability of elements within the population has become a very important factor to decide the sample size. The more v
Uncertainly : There is a great uncertainly about economic and general environment. With economic growth uncertainty is also growing's. this makes each decisions costlier
A constraints in an LPP restricts? (Value of objective function,Value of decision variable,Use of available resources, uncertainty of optimum value) please help me to find out righ
definitions procedure and example
INFORMATION RESOURCES - SELECTION PRINCIPLES: Selection of materials for a library requires sagacity, adroitness and attention to people's needs for everything from books and
b. 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 pape
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