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It is a sunny Tuesday afternoon in the perfectly manicured harbourside city of Sydney. Dressed in your favourite pin stripe Gucci (Black Label thank you very much) and those hand c
1. Mention the characteristics of Statistics. Explain any two applications of Statistics. 2. Distinguish between primary and secondary data. What are the methods of collecting prim
how do you interpret the correlation on the basis of probable error
Now imagine that consumption is given as: C = 400 + 0.9YD - 1,750i And as above: Y = PE = C + I + G + NX (Income identity)
advantages of statistical method
What is meant by the full cost of a product? Many organizations use the expression top dollars to mean the complete creating or technology cost of a product. To this organiz
(A) Find the binomial probability P(x = 5), where n = 15 and p = 0.50. (B) Set up, without solving, the binomial probability P(x is at most 5) using probability notation. (C) H
Sequential Sampling: This is somewhat complex sample design where the ultimate size of the sample is not fixed in advance but is determined according to mathematical decisions on t
y=c+1075x, when x was 2, and y was 239, given that y intercept was 11. Calculate the residual
Ask Suppose that the expected number of phone calls that are handel by a switchboard in each second is 5.35. Assume that the distribution of the number of phone calls per second fo
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