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Mention four characteristics and functions of statistics
if a series of three observations has a mean andd median of 4 and mean absolute deviation of 4/3. what is the series
The fluctuations in the stock market induce some investors to sell and move their money into more stable investments. To determine the degree to which recent fluctuation affected o
Q. Illustrate Linear Correlation? Ans. In bivariate studies we are often interested in finding out whether there is a relationship between two sets of data. Are SAT score
Draw a tree diagram to represent all probabilities for the following. a bag contains 11 red and 8 blue marbles. Two marbles are selected at random without replacement from the bag.
Basis of accounting This represents the technique and time of when income and costs or costs are acknowledged in the records and revealed in the fiscal reports. Talk about ACCRUAL
A certain manufactured item is visually inspected by two different inspectors. When a defective item comes through the line, the probability that it gets by the first inspector is
The lifetime T (in days) of an electrical component has reliability function given by: R(t) = e - 0 : 01 t for time t > 0. An electrical system consists of four such component
Consider two firms producing an identical product in a market where the demand is described by p = 1; 200 - 2Y. The corresponding cost functions are c1 (y1) = y 2 1 and c2 (y2) =
Atomistic fallacy The fallacy which arises because of the association amongst the two variables at the individual level might differ from the association between the similar two
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