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Explanation of standard deviation and variance
Describe the importance of standard deviation and variance, what they calculate and why they are required.
Importance of charts and graphs
Describe the siginificant of charts and graphs in conveying information.
Origin and Development of probability Theory: The credit for origin and development of probability goes to the European gamblers of 17 th century. They used to gamble on gam
Methods of Forecasting Various techniques which are generally used in business forecasting are as under: 1. Forecasting through the opinion of heads of department
Scenario: To fundraise for middle school camp the year 3 and 4 syndicate designed and produced chocolate treats to sell to the year 1 and 2, and year 5 and 6 students at morning te
Suppose the money supply process is now represented by the following function: where m measures the sensitivity of money supply with respect to the interest rate. (i) Us
The amounts of money won by the top ten finishers in a famous car race are listed below. $1,172,246 $163,659 $440,584 $350,634 $290,596 $186,731 $145,809 $143,2
If the sample size is less than 30, then we need to make the assumption that X (the volume of liquid in any cup) is normally distributed. This forces (the mean volume in the sam
Show how the Normal bin width rule can be modi ed if f is skewed or kurtotic. Examine the eff ect of bimodality. Compare your rules to Doane's (1976) extensions of Sturges' rule.
regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
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
Analysis of Variance for the data: Draw a random sample of size 25 from the following data : (a) With Replacement and (b) Without Replacement and obtain Mean and Varia
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