## Defining statistics, Basic Statistics

Assignment Help:

Problem 1

Statistics plays a vital role in almost every facet of human life. Statistics. Explain the applications of statistics in business and management.

1. Defining Statistics
2. Applications of statistics in business and management

Problem 2

A study of different sampling methods is necessary because precision, accuracy, and efficiency of the sample results depend on the method employed for selecting the sample. Explain the Probability and Non-probability sampling methods.

1. Explanation of Probability sampling methods
2. Explanation of Non Probability sampling methods

#### #title.regression., regression line drawn as y=c+1075x,when x was 2,and y w...

regression line drawn as y=c+1075x,when x was 2,and y was 239,given that y intercept was 11.calculate the residual

#### Probability, The monthly income of a company employee is normally distribut...

The monthly income of a company employee is normally distributed with the mean Rs. 20,000 and standard deviation of Rs. 5000. a) Find the probability that an employee earns more th

#### Calculate the mean value and variance, 1. Generate 1000 samples for each of...

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

#### Probablity, a fair die is thrown 3 times. Let X1,X2,X3 denote the results o...

a fair die is thrown 3 times. Let X1,X2,X3 denote the results of 3 throws. What is the probablity that p[X1>X2+X3]

#### General linear regression model, find the variance of least square estimato...

find the variance of least square estimator beta hat for general linear regression model when k=2 in matrix form?

in Balance Sheet

#### Stock control, Two components, A and B, are used as follows: normal usage -...

Two components, A and B, are used as follows: normal usage - 50 per week each minimum usage - 25 per week each maximum usage - 75 per week re-order quantity - A:300; B:500 re-order

#### Measure of dispersion, What are the applications of measure of dispersion i...

What are the applications of measure of dispersion in civil engineering?

#### Cost management, if sales is 6800 and variable costs are 2856 what is the v...

if sales is 6800 and variable costs are 2856 what is the variable cost percentage?

#### Managerial acc, waterways continuing prob

waterways continuing prob  