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It is a numerical average, as equal to the sum of terms in a given series divided by the number of terms in that series is the mean which is also called the expected value.
difference between tests of goodness of fit & tests of independence
The three-character alpha/numeric code allocated by the Workplace of Economical Control (OFM) to recognize each account.
1. A search engine site claims that, on average, one out of five visitors clicks on an ad. (a) If 8 users visit the site, what is the probability that at least three click o
Question: Imagine that your client, Hillside County Forest Preserve (HCFP), is considering how best to protect their natural lagoons. They have asked for your help, and you ha
Atomistic fallacy The fallacy which arises because of the association amongst the two variables at the individual level might differ from the association between the similar two
a) Statistics are collecting, organizing, summarizing and presenting a set of data. b) Inferential statistics is the learn of a sample that enables us to make estimates about t
Least square method
impact of cost accounting technique in organizational performance
Question: (a) Packs of food have weights that are distributed with standard deviation 2.3 g. A random sample of 200 packets is taken. The mean weight of this sample is found t
Write a short note on Sale of An Asset on account of Depreciation. Ans. An asset can be sold anytime before or after its useful life estimated time, in case the asset is sold more
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