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Tentative explanations when formulated as propositions are called hypotheses. It is very important to state the hypothesis and its anticipated consequences before starting its verification. The formulation of a good hypothesis depends upon the sound knowledge of subject matter. A hypothesis must provide an answer to the problem in question. It must be capable of verification. Otherwise it may be refuted by empirical evidence.
Making Decision Lastly a decision should be arrived as to whether the null hypothesis is to be accepted or rejected. In this regard the value of the test statistic
CLASSIFICATION OF DOCUMENTS BY PHYSICAL CHARACTERISTICS : Documents of various types have been classified on the basis of their physical characteristics, familiarity
Inflation Inflation is a general increase in the price of goods and services. The inflation rate, as measured by the
factors affecting tha transportation cost
After having studied as to what is operations research we shall now try to answers why its need has been felt by the industry. As already tainted out science of OR came
In a big industry the numbers of factors influencing a decision have increased situation has become big and complex because these factors interact with each other in complica
whatdo you mean by automation
A paper mill prouduces two grads of paper viz., X and Y. Becouse of raw material restriction, it cannot product more then 400 tons of grade X paper and 300 tons of grade Y paper in
Properties of Normal Distribution a.It is a continuous probability distribution having parameters m and . b.The normal curve is perfectly symmetrical about the mean (
DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT
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