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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 correlation between the ranks of two series. This happens when we deal with qualitative characteristics such as honesty beauty etc. This method is called spearman rank difference methods or ranking methods and the correlation coefficient so obtained is called ranks correlation coefficient and is denoted by rs. This methods was developed by Charles Edward spearman a British psychologist in 1904.
Regression Equations The regression equations express the regression line. As there are two regression lines so there are two regression equations. The regression equatio
Construct a two-variable LP model that: · Maximizes Z; · All coefficients in the objective function are greater than 500; · Includes at least 5 constraints;
explanation
what is optimal condition?
scope of operation research in management
Machine Tabulation This methods of tabulating information is generally used in case of extensive large scale surveys. Mechanical sorting and tabulating equipments and su
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
describe the similarities and differences of transportation and linear programing methods
Reference Books: Definition According to William Katz (1969) a Reference book generally has the following qualities: It is a miscellany of information organised for quick
DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT
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