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Merits
a.It is simple to understand and easy to calculate.
b.It is very useful in the case of data which are of qualitative nature like intelligence honesty beauty efficiency etc.
c.No other methods can be used when ranks are given except this.
d.When the actual data are given this method can also applied.
Rank Methods Spearman s When the variables under consideration are not capable of quantitative measurement but can be arranged in serial order( ranks) we find correla
1. Investigate: The Operations Strategy of your organisation or one you are familiar with and answer the following points. Does your chosen organisation have an operations
Maximize z=3x+7y subject to constraint x+4y x,y>=0
NON PARAMETRIC TESTS All practical data follow normal distribution under such situations can estimate the parameters such as mean variance etc ,,, and use the standard
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
For every LP formulation there exists another unique linear programming formulation called the 'Dual' (the original formulation is called the 'Primal'). Same data
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
there are 5 plants located in different cities and manufacturer a common produt A
Regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
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