Merits - correlation regression analysis , Operation Research

Merits

a.It is simple  to understand  and easy  to calculate.

b.It is very  useful  in the  case of data which  are of  qualitative nature  like  intelligence  honesty  beauty efficiency etc.

c.No other methods can be used when ranks are given except this.

d.When the actual data are given this method can also applied.

Posted Date: 3/5/2013 1:55:04 AM | Location : United States







Related Discussions:- Merits - correlation regression analysis , Assignment Help, Ask Question on Merits - correlation regression analysis , Get Answer, Expert's Help, Merits - correlation regression analysis Discussions

Write discussion on Merits - correlation regression analysis
Your posts are moderated
Related Questions
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research

Consider the following network where the value on each arc represents the capacity of that arc. Use the augmenting path algorithm to find the value of the maximum flow from node 1

Graphic Methods a. Scatter Diagram: Scatter  diagram  is a special  type of dot chart.  Under  this methods  the given data are  plotted in  a graph  paper  in the form of  d

discuss applications and scope of operations research in diverse areas.

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2

This method is more  systematic and orderly than least cost method. Here penalties for each column and row of the transportation table are determined, and the row  or  column with

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

1. Investigate: The Operations Strategy of your organisation or one you are familiar with and answer the following points. Does your chosen organisation have an operations

Considerations for Oral Reporting Sometimes  the researcher has been asked to  make an oral presentation of his  research findings he should  bear in mind a few major  conside

What is The proper meaning of action phase will u help me to lern it in deeply????