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Hypothesis Testing of Population Mean
The central limit theorem assures that the sampling distribution of the mean approaches normal distribution with mean µ population mean and standard deviation α with the increase in the sample size. Using the fact we can do hypothesis testing of population mean with a hypothesis value using the sample information.
a pipe lis dur for rpair,the repair would cost 10000 and it would last for 3 years.alternatively a new pipe line can be purchase at 30000 for 10 years.assuming 10% depriciation rat
Question: (a) (i) What do you understand by the term ‘queueing theory'? Give two real life examples to illustrate your answer. (ii) Outline the five components involved in
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#question.Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0.
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Example 2 Max Z = 3x 1 - x 2 Subject to 2x 1 + x 2 ≥ 2 x 1 + 3x 2 ≤ 3 x 2 ≤ 4 & x 1 ≥ 0, x 2 ≥ 0 A
Operation research makes no allowance for intangible factors such as skill attitude vigor of the management people in taking decisions but in many instances success or fail
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