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make a research project for modern day companies on how they can make decisions using decision analysis
Deviation Taken from Assumed Mean This methods is assorted when the arithmetic average is a fractional value. Taking deviation from fractional value would be a ver
Scientific research is building of knowledge through collection of empirically verifiable facts. The term verifiable here means which can be checked by others for accuracy
Ask questioA farmer intends to drill a well for his herd. In the past, only 80% of the wells drilled in this area were successful at 12 metres of depth. On finding no water at 12 m
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
Operations research is used by manager in making business decisions. What are five each of its merit and demerit that the users need to be aware of?
In a big industry the numbers of factors influencing a decision have increased situation has become big and complex because these factors interact with each other in complica
Ask questiAvatars are virtual characters that can be used as representatives of a company that is using the Internet as a distribution channel. For instance, avatars can be used as
Chi Square Test as a Test of Homogeneit The X 2 test of homogeneity is an extension of the chi square test of independence of attributes. It is designed to determine whet
Rules Regarding the Table Structure a. Table Number: When a number of tables are constructed serial number of the tables should be given to each table. b. Title Th
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