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Problem 1
Statistics plays a vital role in almost every facet of human life. Statistics. Explain the applications of statistics in business and management.
Problem 2
A study of different sampling methods is necessary because precision, accuracy, and efficiency of the sample results depend on the method employed for selecting the sample. Explain the Probability and Non-probability sampling methods.
The skewness is a measure of asymmetry and it is positive at 0.15 meaning that it is greater than zero which reveals that the tail extends to the right slightly indicating the dist
how to calculate crude date rate?
A Shoe manufacturing company designs a new shoe (Brand A) and it wanted to compare its fit with that of the leading brands in the market Nike and Reebok. 27 Customers were asked to
Capital budget The piece of a budget: a separate budget: dedicated to proposed additions to capital assets & the means of financing to those additions,
concept of Depreciation briefly. The primary idea of the Depreciation is to create off the value of worried resources by a certain amount as per prescribed. Devaluation is incur
Standard costing In contemporary price sales, the idea of documenting traditional expenditures was taken further, by assigning the organization''s set expenditures over a given
1) A certain brand of batteries has a lifetime that has a normal distribution with a mean of 3,800 hours and a standard deviation of 390 hours. b) What lifetime should the manufac
(1) Public health scholars have noted a relationship between nancial well-being follow-ing catastrophe and rates of depression. Weber, Kenny, and Bratton (2010) examine this rela
What is a purchase discount? A buy lower price is a deduction that may be available to a customer if the client will pay an account within a prescribed time. For example, a supp
What is the difference between parametric and non-parametric stats tests? What is the difference between parametric and non-parametric stats tests? Different kinds or levels of d
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