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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.
Suppose the entire cola industry produces only two colas viz., Pepsi and Coke. Given that a person last purchased Pepsi, there is 90% that his next purchase will be Pepsi. Given
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what is a difference between a linear model and a linear model
What is F2 Test, X, Y Arithmetic Means The above method of finding out regression equation is tedious. The calculations can very much be simplified if instead of dealing with th
What is sampling fluctuation
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:
Use inductive reason to find a pattern for the answers. 9x9=81 99x99=9801 999x999=998001 9999x9999=99980001 99999x99999=?
X purchased a machinery on instalment system for rs.27300 to be paid as follows. on delivery rs.8000, at the end of first year rs.7600, at the end of second years.6000, at the end
what is the role of statistics in other sciences?
Write a short note on Sale of An Asset on account of Depreciation. Ans. An asset can be sold anytime before or after its useful life estimated time, in case the asset is sold more
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