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Operation reac Involves the use of mathematical models, equations and similar other mathematical expressions. Assumptions are always incorporated in the derivation of an equa
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
what is operation research an management decision making
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
Census Methods Complete Enumeration: If detail information regarding every individual person or item of a given universe ( or population ) is collected then the enquir
With practical example
Telephone calls arrive at a switchboard in a Poisson process at the rate of 2 per minute. A random one-tenth of the calls are long distance. (a) What is the probability of at least
Ask question #Minimum 100 words acceptNas food produces to kinds of popular dark chocolate bars. the banana and coffee. the banana bar costs 0.22 to make and sells of 0.35, where a
Question 1 A) Differentiate among descriptive and inferential analysis of data B) Describe with examples various measures of Central Tendency Question 2 The chi-square
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