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The next step is to determine the sources of data to be used. The researcher has to decide whether he has to collect primary data ror depend exclusively on secondary data. Sometime
The Rohr Company''s old equipment for making subassemblies is worn out. The company is considering two alternatives: a) Completely replacing the old equipment with new equipment
The data in the table below are the results of a random sample of recent home sales in your neighborhood that your boss has asked you to use to estimate the relationship between th
Q. Explain Linear Regression model? Ans. Linear correlation measures the strength of a linear relationship, but not the exact numerical relationship. Linear regression, o
A toothpaste company wants to know if its new product increases the length of time in between dentist visits for its users. The company sets a target of 180 days to determine if it
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
How to solve problems of index number fixed based method
1. Calculate Karl Pearson’s coefficient of correlation between expenditure on advertising (X) and sales (Y) from the data given below: The management decided to stop further expens
what are the types of sampling errors and their causes?
how to draw cash flow statement
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