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POSSON DISTRIBUTION
In binomial distribution the value of n was finite. But there are few problems when cannot be estimated.
So in these binomial distribution is applicable as we cannot expand(p +q)n. If n is not known in such cases passion distribution is applicable.. It is defined by the probability function.
Each day you own 0 or 1 stocks of certain commodity. The price of the stock is a stochastic process that can be modeled as a Markov chain with transition rates as follows
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2
Research and Development: All intellectual activities consciously pursued and systematically completed generate useful information. Research (also Research and Development) is
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
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The Operations Function has always relied heavily on information for its smooth running. During this course information has been introduced as one of the five inputs to the convers
management wants to know how many supervisors should be hired, and what could be the optimum workload distribution to be applied, given a number of constraints
Chi Square Test ( X 2 ) Chi Square Test Defined the chi square test is one simplest and most commonly used non parametric tests in statistical work. The Greek letter X 2
Why Two regression Lines Once regression line cannot minimize the sum of square of deviations for both the x and Y series unless the relationship between them indicat
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