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Statistical process control, a methodology used for controlling and improving the outcomes of operational processes, has been in use for almost 100 years! It was widely used in ma
Standard costing In contemporary price sales, the idea of documenting traditional expenditures was taken further, by assigning the organization''s set expenditures over a given
Suppose that permanent income, YP (t) is calculated as the average of disposable income (YD t ) over the past 5 years, that is: YP (t) = 0.2(YD t + YD t-1 + YD t-2 + YD t-3
This problem set consists of three problems and a short essay. Each problem is worth 7 points, the essay is worth 4 points for a total of 25 points. 1. What are the chances th
find a distribution with 10 values between 0 and 10 that has as large a variance as possible
importance of statistics
uses of time series with example
I was recently buying shoes when the salesperson commented on how large my feet were. After telling him he had lousy sales techniques, I decided to investigate if I really do have
How does one find the 65th percrntile and quartile deviation from the "less than" ogive curve
Explain why large lorries carrying heavy loads may not succed to go through a curve safely
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