probability and expectation, Applied Statistics

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Ten balls are put in 6 slots at random.Then expected total number of balls in the two extreme slots

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Disadvantages of mode, Disadvantages The value of mode cannot always...

Disadvantages The value of mode cannot always be determined. In some cases we may have a bimodal series. It is not capable of algebraic manipulations. For example, from t

Median, The median, as the name suggests, is the middle value of a series a...

The median, as the name suggests, is the middle value of a series arranged in any of the orders of magnitude i.e. ascending or descending order. As distinct from the arithmetic

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The quick method for a confidence interval for a proportion uses as an approximation for a 95% confidence interval.  The margin of error in this case is slightly larger tha

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Find the minimum constant workforce: ABC Company, a manufacturer of roofing supplies, has developed monthly forecasts for roofing tiles. The forecasted demand and the expected

Mean deviation, First Moment of Dispersion or Mean Deviation Mean devia...

First Moment of Dispersion or Mean Deviation Mean deviation or the average deviation is the measure if dispersion which   is based upon all the items in a variable .It is the a

Median for ungrouped data, If the data set contains an odd number of items,...

If the data set contains an odd number of items, the middle item of the array is the median. If there is an even number of items, the median is the average of the two items. If the

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