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#difference between historigrams and histograms
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
Utility of index
The Midwestern Manufacturing Company (MMC) is a large manufacturer of electrical generators. The firm has experienced demand for their generators as shown below: Year Demand
Court-ordered withholdings Paycheck accounting also includes withholdings for items other than payroll taxation. For example, legal courts of law may purchase business employer
what is an exclusive probability
Quartile Deviation The range as a measure of dispersion discussed above has certain limitations. It is based on two extreme items and it fails to take account of the scatter withi
The U.S. Department of Transportation reported that during November, 83.4% of Southwest Airlines’ flights, 75.1% of US Airways’ flights, and 70.1% of JetBlue’s flights arrived on t
explain time series analysis
ABC company has 2000 accounts receivable. The mean and standard deviation are $300 and $50, respectively. Assume that the accounts are normally distributed.
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