Important to theoretical distribution , Operation Research

Important to Theoretical Distribution

The science  of theoretical distribution  under which  the frequencies of a variable are derived by  some  mathematical  model  without  waiting  for the observation of their occurrences in actual  practice or  through experiment is of paramount importance. Such a method of derivation of the  theoretical  frequencies helps  us in a large number of problems in our practical life. It provides us with  the data  on  the basis of which the results of actual observation can be compared and analyzed. Move over such  knowledge enables one to dispense with the observed data the  derivation of which  needs a long  process of collection classification and tabulation etc. Such  a series also provides a decision maker with  a a sound  basis to take rational and dependable  decisions it is also useful  in making  predictions  of the probable frequencies  of a variable on the basis of  some limited information or some  theoretical of the considerations. For  example  with such knowledge  the manufacturer of a certain article can know the  standard quality of the articles which will have maximum demand so that he should manufacture  the  articles of the  standard quality  only and thus  avoid the stocking  of the unwanted  ones.

Distribution which  are not  obtained by  actual  observations  or experiments. But are deduced mathematically based on certain  assumptions  are  called  theoretical  frequency  distribution.

Posted Date: 3/5/2013 2:39:20 AM | Location : United States







Related Discussions:- Important to theoretical distribution , Assignment Help, Ask Question on Important to theoretical distribution , Get Answer, Expert's Help, Important to theoretical distribution Discussions

Write discussion on Important to theoretical distribution
Your posts are moderated
Related Questions
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

A company uses 4 pounds of resource 1 to make each unit of X1 and 3 pounds of resource 1 to make each unit of X2. There are only 150 pounds of resource 1 available. Which of the fo

A PAPER MILL PRODUCES TWO GRADES OF PAPER VIZ, X AND Y. BECAUSE OF RAW MATERIALS RESTRICTIONS, IT CANNOT PRODUCE MORE THAN 400 TONS OF GRADE X PAPER AND 300 TONS OF GRADE Y PAPER I

Conclusions and Recommendations  Conclusions  should  be drawn with  direct  reference to the objectives  of the study. The  readers should  be able  to read the objectives. T

The Best Corporation is considering making either minor or major repairs to a malfunctioning production process.  When the process is malfunctioning, the percentage of defective it

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

Minimize: 60P + 120Q Subject to: 2P + 3Q >10 P + 4Q >12 P, Q> 0

Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X 1, X2 = 0

sir plz suggest me any book for this...or notes.....

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