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Uses of Mean Deviation
Mean Deviation is rarely being used as a measure of dispersion. But due to easy and simplicity in calculation. It is rather useful in business and economics. This is also used by national bureau of economic research America for studying business cycles.
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
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An electro-mechanical product for use in a vehicle has been in widespread use for some time and has proved popular with customers, in terms of its operational performance and price
An integer programming problem is identical to a linear programming problem except that one or more decision variables are constrained to take integer values. Such problems cannot
a)Draw a network for the project. b)Determine the critical path. Activity Duration Activity Duration 1-2 15 5-10 22 1-3 13 6-9 33 1-4 1
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
Cost The cost factor is a very important factor in determining the size of the sample. The budget for research should be properly decided. The management may not lik
Need Proposals are written for various reasons. They are prepared for different reasons which vary to the extent of details expected, but like research reports, the proposal a
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