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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.
Data Management As your research project progresses you will quickly gather more and more data. These need to be managed in such a way that they can be accesses and
the following table gives place under different states of nature Strategies States of nature s1 s2 s3 A 10000 3000 2000 B
What are artificial variable why do you need them
Cost The cost factor is a very important factor in determining the size of the sample. The budget for research should be properly decided. The management may not lik
Each day you own 0 or 1 stocks of certain commodity. The price of the stock is a stochastic process that can be modeled as a Markov chain with transition rates as follows
1) Provide a description of the required factors of production, grouping them according to whether the factors of production are a) Fixed and hence unlikely to vary much accord
The action phase consists of making recommendations for remedial action to those who first posed the problem and who control the operations directly. These recommendatio
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
if the year or age is given from 0 how to solve then?
impact of sequencing problem
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