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Construct index numbers of price for the following data by applying:i) Laspeyre’s methodii) Paasche’s methodiii) Fisher’s Ideal Index number
Skewness Meaning and Definition Literal meaning of skewness is lack of symmetry; it is a numerical measure which reveals asymmetry of a statistical series. According t
Advantages It is especially useful in case of open-end classes since only the position and not the values of items must be known. The median is also recommended if th
A researcher computed the F ratio for a four-group experiment. The computed F is 4.86. The degrees of freedom are 3 for the numerator and 16 for the denominator. 1. Is the computed
Application of the chi Square Test
You have an assembly line which produces 1L bottles of seltzer with a standard deviation of 0.05L. • Assuming the distribution of volume is normal, what is the chance any single
b. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y
Coefficient of Determination The coefficient of determination is given by r 2 i.e., the square of the correlation coefficient. It explains to what extent the variation
Investigate the use of fixed and percentile meshes when applying chi squared goodness-of-t hypothesis tests. Apply the oversmoothing procedure to the LRL data. Compare the res
Examples of grouped, simple and frequency distribution data
Examine properties of good average with reference to AM, GM, HM, MEAN MEDIAN MODE
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