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PROBABILITY DISTRIBUTION
Ordinarily speaking the probability of an event denotes the likelihood of its happening. The value of probability ranges between 0 an 1. If an event is certain to happen it probability would be i and if it is p certain that the event would not take place then the probability of its happening is 0. Ordinarily in social science the probability of the happening of an event is rarely 1 or 0. The reason is that in social sciences we deal with situation where there is always as element of uncertainty about the happening or not happening of an event. For this reason the probability of the events is somewhere between 0 and 1.
The general rule of the happening of an event is that if an event can happen in ways and fail to happen in n ways them the probability of the happening of the vent is given by.
P = m / m+ n or
P= Number of cases favourable to the occurrence of the event / total number of mutually exclusive and exhaustive cases
Odds in favour of the occurrence of the event
= m/n= Number of cases favourable to the occurrence of the event/ the number of cases against the occurrence of the event
Odds against the occurrence of the event
m/n= The number of cases against the occurrence of the event/ the number of cases favourable to the occurrence of the even.
Uses of Mean Deviation Mean Deviation is rarely being used as a measure of dispersion. But due to easy and simplicity in calculation. It is rather useful in busin
Method of Concurrent Deviations The coefficient of concurrent deviation or coefficient of correlation b the concurrent deviation methods is given by the formula. R
Method of calculation of Mode Calculation of Mode Individual series: For determining mode count the number of times the various values repeat themselves and the va
This method is more systematic and orderly than least cost method. Here penalties for each column and row of the transportation table are determined, and the row or column with
EXPLAIN THE OR TECHNIQUES
models in operation research
1: explain vogel''s approximation method? 2: explain optimality test?
one example
3. Explain ‘Vogel Approximation Model (VAM)’.? answer please
explian completelly the operation reserch
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