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Small Sample The central limit theorem does not work well with small samples even if the population in non Gaussian. So we cannot rely on the central limit theorem
asm-method
A company uses 4 pounds of resource 1 to make each unit of X1 and 3 pounds of resource 1 to make each unit of X2. There are only 150 pounds of resource 1 available. Which of the fo
how does it work
A company is planning its advertising strategy for the next year for its three major products.
Description Skype is currently the most popular VoIP software in the world. Existing research has indicated that Skype can provide better voice/video quality in adverse net
Determining Degrees of Freedom One of the prerequisites for using chi square test is that we should calculate the number of degrees of freedom for the contingency table. T
Question 1 What do you understand by customs duty? Explain the taxable events for imported, warehoused and exported goods. List down the types of duties in customs. An importer
problems
What is meant by a mathematical model of a real situation? Discuss the importance of models in the solution of Operations research problems
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