Use of the graphs, Operation Research

Assignment Help:

Use  of the Graphs

a.It simplifies  the complexities of large numbers  or that of  large mass  of data. In general  graphical  or some  other method or representation  is adopted to represent statistical data. It is on accent of  the fact that if  all these figures are not  represented in some  simplified manner then  it becomes  very difficult either to remember the trend or to follow  them.

b.Graphs  can easily depict the trend of the subject  under study. In the  absence   of graphs it may become difficult to  indicate a particular trend.

c.As compared to the preparation  of suitable diagrams to represent the statistical  data they may  be  easily depicted on a graph paper.

d.Classification and tabulation processes ( of  representing the statistical data and information's)  are  both  difficult  time consuming. As compared to them  the graphical methods is both  easy  and representative.

e.Contrary  to other methods  of representation  of statistical data the graphical method is commonly  followed. It can be  prepared  and used even by  common  men with  little  education.

f.The graphical  methods may sometimes  act as  a supplementary and complementary  methods of representing  the data  in addition to the  methods  of classification tabulation etc.

 


Related Discussions:- Use of the graphs

Linear programming, How do I set this problem up for Excel: A National Cred...

How do I set this problem up for Excel: A National Credit Union has $250,000 available to invest in a 12 month commitment. The money can be placed in Treasury notes yielding an 8%

Calculation of standard deviation - discrete series, Calculation  of Stand...

Calculation  of Standard Deviation - Discrete Series   There are three methods for  calculating  standard  deviation  in discrete series": a. Actual Mean Methods: It inc

Explain briefly the term sensitivity analysis, Question: (a) A company...

Question: (a) A company sells three different products X, Y and Z. The company makes a profit of Rs. 35, Rs. 50 and Rs. 60 per unit on products X, Y and Z respectively. The th

#title, WHOM DO YOU THINK RAJENDER WILL EAT WITH? WHY?

WHOM DO YOU THINK RAJENDER WILL EAT WITH? WHY?

Linear problem, #q A paper mill produces two grades of paper viz., X and Y....

#q 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 pape

Complete decision making process , Operation research is only a Tool of Ana...

Operation research is only a Tool of Analysis and Not the Complete Decision making Process: It should always be kept in mind that O. R alone cannot make the final decision . it

Linear programming problem, Solve the following Linear Programming Problem ...

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Or, meaning,significance of operations research in bussiness management?

meaning,significance of operations research in bussiness management?

Linear programming, nass food produces to kinds of popular dark chocolate b...

nass food produces to kinds of popular dark chocolate bars.the banana and coffee. the banana bar costs 0.22 to make and sells of 0.35, where as the coffee bar costs 0.40 to make an

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd