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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
BINOMIAL DISTRIUBITON This distribution (also known as Bernoulli distribution ) is useful in such an experiment where there are only two outcomes success or failure g
Assumption for students Test a.The parent population from which the samples is drawn in normal. b.The sample observations are random i ,e the given sample is drawn
Importance of Normal Distribution Normal distribution plays a very important role in statistical theory and in particular in sampling theory. It has been found th
Census Methods Complete Enumeration: If detail information regarding every individual person or item of a given universe ( or population ) is collected then the enquir
Question : Suppose that you want to invest $10000 in the stock market by buying shares in one of two companies: A and B. Shares in Company A are risky but could yield a 50% ret
what are the classification of or model
1. Determination to enter a new territories. 2. To decide to enter a new market or not. 3. To determine how much production capacity to be builds up. 4. Helpful in
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