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Sources of Hypothesis
Hypothesis may be developed from various sources. Some of the important sources are the followings:
1.A Hypothesis Arises from Intuition These hypothesis have no clear connection with the large body of social science. The intuition is associated with an individual who is influenced by environment.
2.A Hypothesis also Arises from Other Studies : The findings of a study may be formulated as hypotheses. The hypothesis followed in one study previously can be used in the present study.
3.Theory is Fertile Seed Bed of Hypotheses For example individuals who are rising in status are likely to be favourably inclined towards individuals and objects that are be helping their uplift in life. The researcher may identify the variables which the status of the said individuals.
4. Personal Happiness Provides Scope for Hypothesis The phenomenon of personal happiness has been studied in great detail. Happiness been correlated with income education occupation social class and so on.
Usefulness of Correlation 1.Correlation is very useful to economists to study the relationship between variables like price and quantity demanded. To businessmen it
Form of t- Distribution 1. The students t - distribution like the normal distribution has bell shaped frequency curve which is symmetrical. The only parameter which det
A producer of furniture manufactures two products - tables and chairs. Processing of these products is done on two machines A and B. A chair needs 2 hours on machine A and 6 hours
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 correla
applications of operation research
DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT
Problem based on graphical solution of a given LPP when feasible region is bounded. 1. Solve the following linear programming graphically; Maximize and minimize z = 60x+
Scope of the OR techniques can be derived in followings various importance fields: 1. In Agriculture : With the explosion of population and consequent shortage of food O
characteristics of operational research model
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