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#question.differentiate between historigram and histogram.
The average cost per night of a hotel room in New York City is $273 (SmartMoney, March 2009). Assume this estimate is based on a sample of 45 hotels and that the sample standard
Mean The mean is commonly the most significant of all the numerical measurements used to describe data, and it is what the most people call an average. Example Find
importance of statistics
Define Ancillary costs Expenditures that is directly attributable to resource acquisition, such as freight and transportation costs, site preparation costs, and professional charg
What is a purchase discount? A buy lower price is a deduction that may be available to a customer if the client will pay an account within a prescribed time. For example, a supp
Least squares method of fitting a line ( the line of best fit or the regression line) through the scatter diagram is a method which minimizes the sum of squared vertical deviations
conceptof probality, theoretical, distribution, normal,binomial and poisson
The Pivot table is as below: Values Row Labels Sum of ID Sum of Risk Level A 69
Q. Example of inference? Ans. Thirty students from a college were surveyed and classified according to two variables: (1) gender (M/F) and (2) major (liberal arts, busines
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