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This is not a statistics course, but you need to conduct some analyses to help solidify your knowledge and understanding about statistical data analysis. Now you will use the ' pr
what type of analysis is suitable for nominal data?
definitions
standard material qty per unit- 2 kg standard price per kg - 4 rs actual value of material purchased- 4000 rs closing stock- 200 kg actual usage- 2.5 kg finished stock sold- 200 u
In a suburban community, 30% of the households use Brand A toothpaste, 27% use Brand B, 25% use Brand C, and 18% use Brand D. In the four groups of households, the proportions of r
IFRS: IFRS (International Financial Reporting Standards) is a set of accounting standards that were developed as global standard. The IFRS was developed by IASB (International Acc
Angler survey A survey used by sport fishery managers to calculate the total catch, fishing effort and catch rate for the given body of water. For instance, the whole effort m
(a) The bank's excess reserves are its actual reserves less required reserves. Actual reserves are given as $450 from its balance sheet. Required reserves are given by the produc
Company statistics is the technology of good selection in the face of concern and is used in many professions such as financial statistics, econometrics, auditing, generation and f
Mention the characteristics of statistics. Explain any two application of Statistics
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