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A politician claims that the mean salary for managers in his state is more than national mean $82,000. The salaries (in dollars) for a random sample of 30 managers in the state ar
'Statistics is the backbone of decision-making'. Comment.
The skewness is a measure of asymmetry and it is positive at 0.15 meaning that it is greater than zero which reveals that the tail extends to the right slightly indicating the dist
The notes receivable were accepted from several customers. The notes were issued on Sept. 1,2011 and will be settled together with a 20% interest on May 31, 2011.
standard material qty per unit- 2 kg standard price per kg - 4 rs actual value of material purchased- 4000 rs closing stock- 200 kg actual usage- 2.5 kg finished stock sold- 200 u
solution of problems based on coefficient of covariance
Problem 1 . Let X 0 ;X 1 ;X 2 . . . be a Markov chain with state space f1; 2g and transition probabilities given as follows: p 11 = 0:3; p 12 = 0:7; p 21 = 0:5; p 22 = 0:5:
A toothpaste company wants to know if its new products increases the length of time in between dentists visits for its uses. The company sets a target of 180 days to determine if i
how cost classification can helpful for planning, controlling and decision making
What is a purchase allowance? A buy permitting is a reduction in the customer's cost of products that it had purchased. The buy permitting is granted by the provider because of
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