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Circles or Pie Diagram:
Circles or pie diagrams are alternative to squares. These are used for the same purpose i.e. when the values are differing widely in their magnitudes. These diagrams are more attractive then circles. Thus pie diagrams are preferred to square diagrams .Both these diagrams involve the same amount of labour. For example taking square roots of the given values and dividing the same by a common factor so as to attain the radii for the circles.
The area of the circle which represent the given values is calculated by the formula () where () pie =22/7 and r= radius of the circle. The sides for squares are taken as the radii for different circles.
Objective of index numbers
A salesperson visits from house to house to sell her knives. The probability that she makes a sale at a random house is .3. Given that she makes a sale, the sale is worth $100 with
prove that coefficient of correlation lies between -1 and+1
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Differentiate between data and database
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Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
Features of index numbers
Examples of grouped, simple and frequency distribution data
In simple regression the dependent variable Y was assumed to be linearly related to a single variable X. In real life, however, we often find that a dependent variable may depend o
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