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The method of summarizing the large amounts of data by forming the frequency distributions, scatter diagrams, histograms, etc., and calculating statistics like means variances and correlation coefficients. The term is also used when obtaining the low-dimensional representation of multivariate data by methods such as principal components analysis and the factor analysis.
Ask questioThe finance manager of ‘Softy’ baby soap manufacturing company being successful in the first two years of the company’s operations is considering setting up another plan
3. a. A researcher in Hong Kong computes the correlation between the percentage of employee turnover and the local unemployment rate (also expressed as a percentage) over a 20-mont
Briefly explain the importance of forecasting for managers?
Morbidity is the term used in the epidemiological studies to describe sickness in the human populations. The WHO Expert Committee on the Health Statistics noted in its sixth repor
The method of summarizing the large amounts of data by forming the frequency distributions, scatter diagrams, histograms, etc., and calculating statistics like means variances and
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
how to describe association between quantitative and categorical variables
Principal components analysis is a process for analysing multivariate data which transforms original variables into the new ones which are uncorrelated and account for decreasing
1) Consider an antenna with a pattern: G(θ,φ) = sinn(θ/θ0) cos(θ/θ0) where θ0 = Π/1.5 (a) What is the 3-dB bandwidth? (b) What is the 10-dB beam width? (c) What is t
Response surface methodology (RSM): The collection of the statistical and mathematical methods useful for improving, developing, and optimizing processes with significant applicat
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