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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.
A simple random sample of n = 300 full-time workers is selected from a company list containing the names of all n = 5000 full-time workers in order to evaluate job satisfaction. Gi
CALCULATIONS OF MEAN USING PHSTAT
Ghosh Ltd is considering expanding its business and has to decide between taking on Project A or Project B. Both projects have a life of four years. Equipment is expected to have
The National Marine Fisheries Services is part of the National Oceanic and Atmospheric Administration. NMFS's programs support the conservation and management of living marine reso
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
In a suburban community, 30% of the households use Brand A toothpaste, 27% use Brand B, 25% use Brand C, and 18% use Brand D. In the four groups of households, the proportions of r
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Bambridge Associates LLP has hired you to analyze the demand in 30 regional markets for custom financial plans for high net worth individuals (Y). A statistical analysis of demand
State the main reason because of which the differences between a Cash Book and Bank Passbook. Ans. The difference can be stated as follows a) Sometime cheque issued to party on t
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