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QUATITATIVE ANALYSIS. - STATISTICS
Question No. 1- answer need 325 words with reference.
What is the meaning of mutually exclusive events? What is meant by collectively exhaustive? In your responses, please give an example of each.
Question No.2 answer - 325 Words with reference
Give an example of a good decision that you made that resulted in a bad outcome. Also give an example of a bad decision that you made that had a good outcome. Why was each decision good or bad? Please specify the criteria you used in making these decision. (You need to specify one of the decision criteria or the utility criterion in the textbook and explained how you applied it to your specific example.) Why sometimes good decisions may lead to bad outcomes and vice versa?
Question No.3 Answer need -325 words with reference:
Instructions:
Describe what is meant by ABC analysis. What is the purpose of this inventory technique - provide an example. In your responses to other students, please identify strengths and weaknesses of their ABC analysis applied to their examples.
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This paper entails various sub topics of quantitative analysis in statistics such as analysis of inventory using ABC method, mutually exclusive and collective exhaustive events ,decision making processes and the result of the decision made. The document is prepared in Microsoft word.
Hi team Three question - each answer 325 with reference based on the subject and questions. please provide discount as a regular student. Thank you in advance.
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