quantitative techniques, Applied Statistics

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use of quantitative techniques in public sector

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Geometric mean, Geometric Mean The geometric mean   of numbers is defin...

Geometric Mean The geometric mean   of numbers is defined as the th root of the product of numbers .It is obtained by multiplying all the values of a variable and then extracti

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To study the physical fitness of a sample of 28 people, the data below was collected representing the  number of sit-ups that a person could do in one minute.      10    12

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Statistical Errors              Statistical data are obtained either by measurement or by observation. Hence to think of perfect accuracy is only a delusion or a myth, It is no

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

Pie diagram, Circles or Pie Diagram: Circles or pie diagrams are alter...

Circles or Pie Diagram: Circles or pie diagrams are alternative to squares. These are used  for the same purpose i.e. when  the values are differing  widely in their magnitude

Break-even analysis, a. How can break-even analysis be used in selecting a ...

a. How can break-even analysis be used in selecting a new plant site? b. What are potential advantages and disadvantage of locating a production facility in foreign country i

What are the coefficients of the linear combination, For the following ques...

For the following questions we are interested in a comparison of the 16 years education vs. > 16 years. (Recall we did the analysis on the log scale, so these are actual means on t

X-bar charts, First we look at these charts assuming that we know both the ...

First we look at these charts assuming that we know both the mean and the standard deviation of the process, that is  μ and  σ . These values represent the acceptable values (bench

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