Meaning and definition, Operation Research

Assignment Help:

Meaning and Definition

If a group  of N observations is  arranged in ascending or descending  order of magnitude then the  middle  value is  called  median of  these  observations  and is  denoted  by M or Me. That  is       M= N+1/2 th  observation.

According  to Prof. L. R. Conner The median is that value  of the  variable which  divides  the group into  two equal  parts  one part  comprising of all values greater and the other all values  less than  the median.

According  to Yule and Kendall " The  median may be  defined  as the middle  most or central values of  the variable  when the  values  are arranged in order of  magnitude or as the value  is such that the  greater and smaller values  occur with equal  frequency.

 


Related Discussions:- Meaning and definition

Pay-off matrix , In a rectangular game, pay-off matrix of player A is as fo...

In a rectangular game, pay-off matrix of player A is as follows: Player B B1 B2 Player A A1 A2 i) Solve the game. ii) Write down the pay-off matrix of B and th

LPP, . A paper mill produces two grades of paper viz., X and Y. Because of ...

. 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

What is critical defect, Question 1 What is intrinsic quality? Explain key...

Question 1 What is intrinsic quality? Explain key dimensions of a quality product or service Question 2 Explain any five sources of standards Question 3 What is Critical

Research methodology, Research Methodology 1. Discuss how the researc...

Research Methodology 1. Discuss how the research will be executed to achieve the proposed research objectives. The methodology should be based on the methods that are used in

Automation, whatdo you mean by automation

whatdo you mean by automation

Management Applications of Operation Research, Some areas of applications a...

Some areas of applications are Purchasing, Procurement and Exploration Quantities and timing of purchase Replacement policies Rules for buying, supplies Finance, Budgeting and Inv

Question, A paper mill produces two grades of paper viz., X and Y. Because ...

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

Table of contents - report writing presentation, Table of contents ...

Table of contents The tables  of contents  is an outline  of the order  of the chapters sections and  sub  section  with their  respective  pages. If  report  includes  a n

Graphic methods - correlation regression analysis, Graphic Methods a. ...

Graphic Methods a. Scatter Diagram: Scatter  diagram  is a special  type of dot chart.  Under  this methods  the given data are  plotted in  a graph  paper  in the form of  d

Explain decision making process, Explain Decision Making Process. Deci...

Explain Decision Making Process. Decision Making Process: A good decision can only be prepared as a result of a rational decision making process. The different stages of the

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd