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Variance
A measure of dispersion the variance represents the average distance from any given observation in a series to the mean of that series in the units squared.
Cluster Sampling and Area Sampling: Cluster sampling involves grouping the population and then selecting the group or the cluster rather than individual elements for inclusion in t
What are Saturn’s rings like? - Saturn’s rings are made of tiny icy objects ranging from particles to boulders each orbiting Saturn independently like a tiny moon. They lie in S
Consider the manufacturing system presented in the article by Yu and Bricker (1993). The management would like to purchase new machine tools more reliable and more high accuracy
ABC company has 2000 accounts receivable. The mean and standard deviation are $300 and $50, respectively. Assume that the accounts are normally distributed.
The BBC hosts a homophone quiz on its website; your task for this lab is to develop an automatic method for completing the quiz, with the aim being to get as high a score as possib
Littlefield Laboratories is a state-of-the-art highly automated blood samples testing lab. The demand of blood sample testing for the previous 20 days (day 1 to day 20) are given i
VK Ltd a multi-product Company, furnishes you the following data relating to the year 2000 First Half of the year Second Half of the year Sales Rs. 45,000 Rs. 50,000 Total Co
when testing hypothesis is the level of significanc the type error I?
An individual has $ 100 initially. He repeatedly plays a game of chance in which he earns $ 100 with probability 0.8 or loses $ 100 with probability 0.2. The stops playing at the f
1.The resumés of 2 males applicants for a college teaching position in chemistry are places in the same file as the resumés of 2 female applicants. Two positions become available a
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