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Mention the characteristics of Statistics. Explain any two applications of Statistics.
median
The mean number of hours of flying time for pilots at Continental Airlines is 49 hours per month (The Wall Street Journal, February 25, 2003). Assume that this mean was based on ac
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the guinegog is a trader in portable cd-man. His budgeted output is 5000 units per quarter. The following data was available for the year 1998: Direct labour @ $6 Direct material @
Defining of bond premium in terms of the amount paid over the face value of the bond. And the amount over and above the Face Value of bond which the purchaser pays is called Bond P
z test
Questions 1. A genetic experiment with peapods resulted in one sample of offspring that consisted of 443 green peapods and 170 yellow peapods. Construct a 95% confidence inter
Identify the unit of analysis in the following hypothetical research design: A research team wants to compare the school spirit at college campuses across the country to see if pri
2. From the following cost, production and sales data of Decors Motor Ltd., prepare comparative income statement for three years under (i) absorption costing method, and (ii) margi
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