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Example and formula of Quantity Index
X 420 610 625 500 400 550 650 480 565 Y 2.80 3.60 3.75 3.00 2.50 2.70 3.50 3.90 2.0 2.95 3.30 Calculate te covarience anf the correlatio coeficient. Comment on the relationship be
what is the form of the answers in probability? in decimal? in fraction? or what?
Q1.(i) The logistics department of a large firm employs three "estimators" whose job it is to decide the likely cost of delivering their products to their customers. This enables
For our class homework we prepared a 3-month forecast for sales (12 months with actual sales for each month). What or how do we figure the absolute deviation of the 3-month foreast
Midrange The midrange is the measure of the center that is the value midway between the highest and the lowest values in the original data set. It is found by adding the highes
A boat is heading across a river at a velocity of 25 mph. The river is flowing downstream at 10 mph. What is the actual velocity of the boat?
report
Question: (i) A soft drink machine is regulated so that it fills an average of 300 cL per cup. If the amount of drink in each cup is normally distributed with standard deviati
The skewness is a measure of asymmetry and it is positive at 0.15 meaning that it is greater than zero which reveals that the tail extends to the right slightly indicating the dist
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