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.
Maximize p = (3)x + 2y subject to 2x + y 3x + 4y >= 12
process of operation research
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
Method of Calculation of Mean Deviation a. Computation of Mean Deviation Individual Series : The process of computing mean deviation in case of individual series involves
regression line drawn as y=c + 1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
#queStudy the case and provide an alternative compensation design, which would redress the problem faced by the two- wheeler major in Chennai.stion..
applications
Problem: A policy maker is considering several policy options that lead to different utility levels of different individuals a) Which Policy is would be optimal according t
Case Study - Data Analysis Sandarsen inc was testing new packaging and a few recipe for a family desert cookie that had been on the market for several years. It wa
Objectives of Measuring Dispersion a. To judge the Reliability of Measures of Central Tendency: Measure of dispersion is the only means to test the representative charac
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