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Ask Describe What-if Analysis
Sample Standard Deviation So far, we discussed the population standard deviation. Now, let us switch to sample standard deviation(s) that is analogous to the population stand
Risk of Portfolios So far, we have seen the application of standard deviation in the context of risk in single investment. But usually most investors hold portfolios of securi
Example of discrete random variable: 1. What is a discrete random variable? Give three examples from the field of business. 2. Of 1000 items produced in a day at XYZ Manufa
Using log(x1), log(x2) and log(x3) as the predictors, do pair wise scatterplots of all pairs of variables (including the response) and comment (use the pairs function). Do you thin
Chebychev inequality
There are situations where none of the three averages is fully satisfactory. For example, if the number of items in a series is very small, none of these av
whats mean by Double Exponential Smoothing
Calculation for Continuous Series or Grouped Data = where, m = mid-point of class =
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