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Problem Construct a consumer price index for the information given by using (i) Aggregate expenditure method, (ii) Family budget method. Commodities
a company has two processes whose details are as follows: Materials 3000kg @ k0.30/kg, labour K120 for process 1 and material 2000kg @ k0.40/kg and labour k84 for process 2. actual
It is known that the average height of a man residing in the Canada is 174 cm and the standard deviation is 8 cm. Assume the heights are normally distributed. To test the hypothesi
The average cost of a gallon of unleaded gasoline in Greater Cincinnati was reported to be $2.41 (The Cincinnati Enquirer, February 3, 2006). During periods of rapidly changing pri
#how will understand question..moving average method problems for 4yearly&5yearly also
what is cost
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 paper i
What is probability
CORRELATION & REGRESSION: 1) What do you mean by the term correlation? 2) Point out the differences between coefficient of correlation and regression. 3) If the correl
This problem set consists of three problems and a short essay. Each problem is worth 7 points, the essay is worth 4 points for a total of 25 points. 1. What are the chances th
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