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Small Sample
The central limit theorem does not work well with small samples even if the population in non Gaussian. So we cannot rely on the central limit theorem in small sample so the P value may be inaccurate.
metholodolgy of operational research
Ask queA manufacturing firm has discontinued production of a certain unprofitable product line. This created considerable excess production capacity. Management is considering to d
The scientific methods is based on certain article of path these are: 1. Reliance on Evidence: Truth is established on the basis of evidence. Conclusion is admitted onl
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
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b. 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 pape
Multiple Objective s The sample may vary according to the objective of the research. There may several objectives of marketing research so the sample size may vary a
On the Basis of Ratio of Change Direction a. Linear Correlation: The correlation between two variables a said to be liner if corresponding to a unit change in th
#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
Inflation Inflation is a general increase in the price of goods and services. The inflation rate, as measured by the
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