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Longer- Term Forecasting Moving averages, exponential smoothing and decomposition methods tend to be utilized for short to medium term forecasting. Longer term forecasting is
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Q. What are Inclusive Events? Ans. Events that can occur at the same time are called inclusive events. For example, a student can belong to more than one club at one time
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I had just come back from a very interesting talk arranged by a Mathematics Centre, it was aimed at parents of primary school-going children. They had talked about, and demonstrate
how can we represent this mathematical equation on a graph y=2x-1
Two Tailed Tests A two tailed test is generally used in statistical work as tests of significance for illustration, if a complaint lodged by the client is about a product not m
The Addition Rule: Mutually Exclusive Events P(A or B or C) = P(A) + P(B) + P(C) This can be represented by the Venn diagram as follows:
Northwest Molded molds plastic handles which cost $0.70 per handle to mold. The fixed cost to run the molding machine is $5799 per week. If the company sells the handles for $ 3.70
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