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Coefficient of Variation or C.V.
To compare the variability between or more series, coeffiecnt of variation is used, it is relative measure of dispersion, it innovated and used by Karl person in1895 for the first time .as such it is known as karl person coefficient of variation, in the words of karl Pearson coefficient of variation is the percentage variation in the mean the standard deviation being treated as the total variation in the mean in other words coefficient of variation is 100 times of coefficient of standard deviation, this measure of dispersion is used to compare the variability homogeneity , stability and consistency between two or more distribution ,the following formula is used. Coefficient of variation = standard deviation /Mean x100.
a. How can break-even analysis be used in selecting a new plant site? b. What are potential advantages and disadvantage of locating a production facility in foreign country i
Geometric Mean The geometric mean of numbers is defined as the th root of the product of numbers .It is obtained by multiplying all the values of a variable and then extracti
Importance and Application of probability: Importance of probability theory is in all those areas where event are not certain to take place as same as starting with games of
Advantages of Sampling Why should we settle on a sample instead of studying the entire population? Sampling has the following advantages over a census (study of the entire pop
give me question on mean is the aimplest average to understand and easy to compute
slope parameter of 1.4 and scale parameter of 550.calculate Reliability, MTTF, Variance, Design life for R of 95%
The Elementary Teachers' Federation of Ontario make the following claim on their website as of February 13, 2013: For years, the Elementary Teachers' Federation of Ontario (ETFO
X 110 120 130 120 140 135 155 160 165 155 Y 12 18 20 15 25 30 35 20 25 10
Let X, Y, and Z refer to the three random variables. It is known that Var(X) = 4, Var(Y) = 9, and Var(Z) = 16. It is further known that E(X) = 1, E(Y) = 2, and E(Z) = 4. Furthermor
Correspondence analysis is an exploratory technique used to analyze simple two-way and multi-way tables containing measures of correspondence between the rows and colulnns of an
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