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Question 1 -Though society as well as culture do not appear to be a part of business situations, yet they are actually key elements in showing how business activities will be cond
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
A paper mill prouduces two grads of paper viz., X and Y. Becouse of raw material restriction, it cannot product more then 400 tons of grade X paper and 300 tons of grade Y paper in
Higher Order Table When three or more characteristics are represented in the same table such a table is called higher order table. The need for such a table arises
Question 1 A) Differentiate among descriptive and inferential analysis of data B) Describe with examples various measures of Central Tendency Question 2 The chi-square
Given an inventory system where Yearly demand = 120 units Ordering cost = Sh. 45 Price per unit = Sh. 200 Annual carrying cost = 24% of the unit cost Determine The economic or
#what is the similarity and differences between transportation and linear programing models?
Advantages of Standard deviation a.Standard deviation is based on all the observations and is rigidly defined. b.It is amenable to algebraic treatment and possesses
Case Study - Research Process Tomzak and Hale inc was a medium sized marketing research firm located in a large mind western city. Bob Lynn a marketing vice president
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
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