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Important of Probability The various practical applications of the theory of probability are: a.The fundamental laws of statistic viz the law of statistical regular
How do I set this problem up for Excel: A National Credit Union has $250,000 available to invest in a 12 month commitment. The money can be placed in Treasury notes yielding an 8%
what is meant by Application Areas of Linear Programming?
Data Management As your research project progresses you will quickly gather more and more data. These need to be managed in such a way that they can be accesses and
scope of operation research in management
ABC Bank faces a decision to hire two clerks or lease two automatic teller machines. Service rates of clerk 1 and clerk 2 are 41 customers per hour and 36 customers per hour respec
Simple Random Sampling This is simplest and most popular technique of sampling. In it each unit of the population has equal chance of being included in the samp
a pipe lis dur for rpair,the repair would cost 10000 and it would last for 3 years.alternatively a new pipe line can be purchase at 30000 for 10 years.assuming 10% depriciation rat
Two Handed process Chart of Signing a Latter A multiple activity chart records the related sequence of activities of more than one subject, men and / or machine o
Steps of Research Proposal Proposal Content The researcher is always given instructions for preparing a proposal that indicate the format to be followed. Funding agencie
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