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Question: (a) A company sells three different products X, Y and Z. The company makes a profit of Rs. 35, Rs. 50 and Rs. 60 per unit on products X, Y and Z respectively. The th
Uses of Mode The use of the mode is recommended in the following situations: a.When a quick and approximate measures of central tendency desired. b.When the measure
application&techniques
STANDARA DEVIATION Standard deviation is the square root of the arithmetic average of squares of all the deviations from the mean. In short it may be defined as th
Higher Order Table When three or more characteristics are represented in the same table such a table is called higher order table. The need for such a table arises
discuss the significance of oparation research
Application of the chi Square Test The chi square distribution has a number of applications are given below: a.Chi Square test of goodness of fit. b.Chi square te
Yates Correction for Continuity for 2x 2Tables If any cell frequency in 2x 2 table isles than 5thenfor the application of X 2 test it is pooled with the preceding or suc
Secondary Periodicals: Secondary Periodicals Secondary periodicals are abstracting and indexing periodicals. They are also called documentation periodicals. They are a syst
In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research
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