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The graphical method for studying the behavior of the seasonal time series. In such a plot, the January values of seasonal component are graphed for the upcoming years, then the
February values are graphed, and so on. For each monthly subseries the mean of values is represented by the horizontal line. The graph permits an assessment of the overall pattern of seasonal change, as portrayed by horizontal mean lines, as well as the behavior of each of the monthly subseries. Since the entire latter are on the same graph it is readily seen whether the change in any subseries is big or small compared with that in the overall pattern of seasonal component. The plot is shown in the figure drawn below
Uncertainty analysis is the process for assessing the variability in the outcome variable that is due to the uncertainty in estimating the values of input parameters. A sensitivit
The graphic representation of the alternatives in a decision making problem which summarizes all the possibilities foreseen by the decision maker. For instance, suppose we are give
PRINCIPLES OF MODELLING IN OR.
Cartogram : It is the diagram in which descriptive statistical information is displayed on the geographical map by the means of shading, different symbols or in some other possibly
Captures recapture sampling : Another approach to a census for estimating the size of population, which operates by sampling the population number of times, identifying the individ
how to calculate the semi average method when 8 observations are given?
Hazard function : The risk which an individual experiences an event in a small time interval, given that the individual has survived up to the starting of the interval. It is th
Laplace distribution : The probability distribution, f(x), given by the following formula Can be derived as the distribution of the difference of two independent random var
Records on the computer manufacturing process at Pratt-Zungia Limited show that the percentage of defective computers sent to customers has been 5% over the last few years. Shipme
For a career woman, wearing lipstick has become an integral part of her daily life. It is not unusual for a woman to look for a lipstick that will stay on her lips and not smudge
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