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This type of sampling is also known as chance sampling or probability where each and every item in the population has an equal change of inclusion in the sample and one of the possible samples in case of finite universe has the same probability of beings selected. In case of infinite population the selection of each item in a random sample is controlled by the same probability and that successive selection are independent of one another.
A sample of 40 golfers showed that their average on a particular course was 94 with a standard deviation of 6. a. Find the 95% confidence interval of the mean score for all golf
1. What is Single Entry System? Ans. In Accounting, The program under which only one part of entrance or bookkeeping go is registered is known as single Entry System, they ar
Regression line drawn as Y =C+1075x, when x was 2, and y was 239. Given that y intercept was 11. Calculate the residual.
charlie removes the 12 face cards from a standard deck of cards then shuffles the face cards together on their own. He selects 2 cards from the pile. The probability that the first
From random sample of 48 days in a recent year, U.S. gasoline prices had a mean of $3.63. Assume the population standard deviation is $0.21?
In 2009, the average number of runs scored in the National League was approximately 4.5 per team. Therefore, a team has done an adequate job with its offense if it scores at least
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1. Mention the characteristics of Statistics. Explain any two applications of Statistics. 2. Distinguish between primary and secondary data. What are the methods of collecting prim
Statistical inference is that branch of statistics Statistical inference is that branch of statistics which is concerned with using probability concept to deal with uncertainty
Management Accounting Ratio A financial ratio in management (or accounting ratio) is a relative magnitude of two types of selected numerical values taken from an enterprise''s
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