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Degree of Correlation ship 1. Perfect Correlation: When changes in two related variables are exactly proportional there is perfect correlation between them. In case
Objectives of Measuring Dispersion a. To judge the Reliability of Measures of Central Tendency: Measure of dispersion is the only means to test the representative charac
Significance & scope of operation research in modern management
scope of operation research
Chi Square Test for Independence of Attribute The chi square test can be used to find out whether two or more attributes are associated or not. This test helps in fin
Provide a description of the macroeconomic environment in which the business operates noting: a) The overall 'stability' of the political system/government of the country in whi
What is the role of decision making in OR
identify a new technological innovation not yet commercialized (e.g., house cleaning robotic). What are the product''s features? In your paper, explain how that technological innov
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
Maximize Z =3x+4x subject to x1+x2 =3 2x1+3x2 =4 x1,x2 =0
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