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Automatic interaction detector (AID) A method or the technique which uses a set of categorical explanatory variables to divide data into the groups which are relatively homoge
define material cost control
what is historigram in statistics please give the problems and there solution in statistics as soon as possible
According to a weather forecaster's subjective probability assessments, the probability of record-breaking rain during this year in Jamshedpur is 0.01 . However, if Ranchi has a r
Imagine that a sample of 400 rental units shows that (i) the distribution of rents paid per month is not described by a normal distribution, (ii) that the mean rent of the sampl
Probability 3DP, a Luxembourg-based company plans to develop and sell highly specialized 3D printers. The cost of product development is estimated at EUR 50,000.-, irrespective
Write a short note on Sale of An Asset on account of Depreciation. Ans. An asset can be sold anytime before or after its useful life estimated time, in case the asset is sold more
1. Describe two graphs/tables and how they are used to examine data. 2. Why are graphs and tables useful when examining data? 3. Describe how to make a histogram and a freque
Difference between Historigrams and Histogram
A consumer product firm finds that its brand of laundry detergent is losing market share, so it decides that it needs to "freshen" the product. One strategy is to maintain the curr
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