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Select five Operations Research techniques and describe in detail the real world application of such techniques in business decision making.
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
Determining Sample Size for Estimating poportions It is necessary to determining the sample size for a problem involving proportions. This deals with the percentage of f
process of operation research
Discuss the methodology of operation research
Regression Equations The regression equations express the regression line. As there are two regression lines so there are two regression equations. The regression equatio
Z-Test Prof. Fisher has given a method of testing the significance of the correlation coefficient in small samples. According to this method the coefficient of correlation
. Discuss the methodology of Operations Research.
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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