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Assumption for students Test
a.The parent population from which the samples is drawn in normal.
b.The sample observations are random i ,e the given sample is drawn by random sampling methods.
c.The population standard deviation α is not known .
1. Determination to enter a new territories. 2. To decide to enter a new market or not. 3. To determine how much production capacity to be builds up. 4. Helpful in
ABC Company manufactures both interior and exterior paints from 2 raw materials M1 and M2. The following table gives basic data of problem. Exterior
Normal 0 false false false EN-IN X-NONE X-NONE
North West Corner Rule for Initial Solution: Now by applying North West corner rule we can initial solution. According to this rule without regard to cost consideration the
Maximize6x1+8x2+5x3,st,labour3x1+4x2+5x3 =0 then brefly explain x1,x2,x3;term labour,metal&plastic;the160hours;x1,x2&x3>=0
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
This assessment aims to provide students with the opportunity to hone their analytical and decision- making skills. It also aims to help students develop their ability to think cre
Simple Line Graphs a. Simple Histogram A simple histogram is a techniques used plotting a time series on the graph paper. The data are arranged according to the time
Usefulness of Correlation 1.Correlation is very useful to economists to study the relationship between variables like price and quantity demanded. To businessmen it
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