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Demerits
a.It cannot be used in the case of bi variate distribution.
b.If the numbers of items are greater than say 30, the calculation becomes tedious and required a lot of time. Of we are given the ranks then we can apply this method even though n exceeds30.
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a company produces 150 cars. but the production rate varies with the distribution.
procedure of mip
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A company is planning its advertising strategy for the next year for its three major products.
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