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Product Moment Coefficient (r) This gives an indication of the strength of the linear relationship among two variables. N
Q. Determine Z-scores and Percentiles? Ans. Z-scores help measure how far a piece of data is from the mean. More specifically, Z-scores tell how far a piece of data is fr
Nick paid $68.25 for a coat, including sales tax of 5%. What was the original price of the coat before tax? Since 5% sales tax was added to the cost of the coat, $68.25 is 105%
Define a Hamilton path. Determine if the following graph has a Hamilton circuit. Ans: A path is known as a Hamiltonian path if it consists of every vertex of the graph e
A firm is manufacturing 45,000 units of nuts. The probability of having a defective nut is 0.15 Compute the given i. The expected no. of defective nuts ii. The standard an
On each day t of n days, N customers of a supermarket were sampled and the number Xt expressing dissatisfaction was recorded. The results suggested that there were good and bad day
Data entry is performed in 2-person teams. Each 2-person team can enter 520 surveys per day. A selection of 7540 surveys must be entered by day''s end. How many total employees, wo
Now let's move onto the revenue & profit functions. Demand function or the price function Firstly, let's assume that the price which some item can be sold at if there is
Q. Suppose the probability of David coming to a party is 75% and the probability of Jason coming to a party is 85%. What is the probability that they will both come to a party, a
develop any two linear equation which are reducible into linear form from our daily life by cross multiplication
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