Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Level of Significance
In testing a given hypothesis the maximum probability with which we would be willing to take risk is called level of significance of the test. This probability often denoted by is generally specified before sample are draw.
The level of significance usually employed in testing of significance are 0.05 ( or 5%) and 0.01 ( or 1%). If for example a 0.05 or 5% level of significance is chosen in deriving a test of hypothesis then there are about 5 chances in 100 that we would reject the hypothesis when it should be accepted ( i .e.). we are about 95% confident that we made the right decision. In such a case we say that the hypothesis has been rejected at 5 % level of significance which means that we could be wrong with probability 0.05.
Note : Critical Region : A region in the sample space S which amounts to rejection of HO is termed as critical region or region of rejection.
1. A local university purchases exercise books to give to their students. Instead of a fixed unit cost, their supplier quotes the following discount pricing: Order quantity Unit P
#questiona paper mill produce two grades of x&y.becouse of raw material reswtriction
A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we
You are required to analyse the case study, as indicated under these headings: 1. Identify FIVE persons, bodies, organisations or groups in the case study. 2. For EACH of the
vogels
models of inventory management
General Rules a. Attractive Shapes The tables should be neat and attractive. The size of table should be neither too big nor small. b. Simplicity A table should b
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 pape
Operation Research may be regarded as a tool which is utilized to increase the effectiveness of the management decisions. O R is objective supplement to the subjective feeling
krr emee ee
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd