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The next step is to determine the sources of data to be used. The researcher has to decide whether he has to collect primary data ror depend exclusively on secondary data. Sometime
Meaning and solving example using north-west corner in Transportation problem
Explain what central tendency and variability are. In your answer define what the mean, median, mode, variance, and standard deviation are. What is the difference between the descr
1. Suppose that there is a Beta(2,2) prior distribution on the probability µ that a coin will yield a "head" when spun in a speci?ed manner. The coin is independently spun 10 times
There are two firms competing in quantity. Firm 1 and 2 set their quantities supplied, q1 and q2, respectively. The production costs are zero. The market price is given by
Explain what is meant by population and sample
The research should be Quantitative Research: A means for testing objective theories by examining the relationship among variables. These variables can be measured and analyzed
What are the components of time series? Bring out the significance of moving average in analysing a time series and point out its limitations
Q1. A software developer is interested in finding what the best color theme should be for an engine diagnostic program for the flight line. He is considering three different color
Least squares method of fitting a line ( the line of best fit or the regression line) through the scatter diagram is a method which minimizes the sum of squared vertical deviations
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