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In order to derive meaningful results from the statistical tables the researcher may use one or more of the followings four steps:
a.The first step is to calculate relevant measures of central tendency as also of dispersion highlighting the major four steps:
b.The second step is to cross tabulate the data to ascertain some useful relationship.
c.The third step is to calculate ten correlation coefficient and undertake a regression analysis between variables.
d. The fourth step is to undertake a multivariate analysis. Such an analysis used a variety of techniques to determine important relationship amongst several variables.
Statistical process control, a methodology used for controlling and improving the outcomes of operational processes, has been in use for almost 100 years! It was widely used in ma
Define of capital account reflecting the funds invested in an entity. Capital account is termed as the account reflecting the funds invested in the entity by the stockholders or pa
Each month, the firm Cashco has 50% chance that an amount of $ 1,000 will be credited In its current account, and a 50% chance that the account is debited $ 1,000. As current accou
03 (a) Explain the term capital rationing and suggest the criteria to be used in ranking projects under capital rationing. (05) (b) There are three projects X Y and Z having follow
1. Generate 1000 samples for each of the following discrete random variables: (a). Binomial distribution with n=40, p=0.7, and distr. with n=50, p=0.5 (b). Geometric distribu
1. What size sample will be needed to construct a 95% confidence interval on a ballot issue if the estimate must be 2% of the actual percent. This issue looks very close in the el
I''m not sure how to calculate the income tax expense.
A toothpaste company wants to know if its new products increases the length of time in between dentists visits for its uses. The company sets a target of 180 days to determine if i
In June 2009, the average Australian credit card account balance was $3,127, according to data extracted Assuming that these balances are approximately Normally distributed with a
Where an element of randomness is introduce by suing random numbers to pick up the unit with which to start this process of sampling is known as systematic sampling.
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