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A researcher working for a drug company is interested in investigating the effect of storage on the potency of one of the company's drugs. 10 freshly produced bottles of the drug a
An occupational health inspector was interested in determining whether there is a difference in the loss in man-hours due to accidents by introducing a new safety programme. The
uses of time series with example
1. In your own words explain the difference between a point estimate and an interval estimate of a parameter? Which is better? Why? 2. What information is necessary to calculat
Skewness It is the comparison of the mean, median and mode can reveal information about the characteristics of skewness. Definition The distribution of the data is ske
Least squares method
Derive the profit function P (p) and the supply function (or correspondence) y (p)for the following three Single-output technologies, whose production functions f (z) are:
a fair die is thrown 3 times.let X1,X2,X3 denote results of 3 throws.what is the probablity that p[X1>X2+X3]
Long before Bohr gave his theory of hydrogen atom, various scientists had observed experimentally, the spectral series of hydrogen atom. Bohr offered a theoretical explanation of t
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