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Variables
A concept which varies is variable. These can be different in quantitative values. For example, weight, height, income are examples of variables. Qualitative phenomena are also qualified on the basis of the presence or absence of the attributes. Phenomena which can take on different values even in decimal points are called continuous variables. If these are explained or expressed in integer values these are discrete variables. Age is an example of continuous variable. Number of children is an example of discrete variable. If one variable is dependent on the consequence of another variable it is a dependent variable and variable which is antecedent to the dependent variable, it is termed as independent variable. For example height depends on age. Here height is dependent variable and age is independent variable.
Meaning and Definition If a group of N observations is arranged in ascending or descending order of magnitude then the middle value is called median of these observat
Disadvantage of standard Deviation It is not easy to understand and calculate. It gives more weight to the extremes and less to the items nearer to mean. Since
A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we
Calculation of Standard Deviation - Continuous Series: In the continuous series the methods of calculation standard deviation is almost the same as in a discrete frequency distrib
Calculation of Standard Deviation - Discrete Series There are three methods for calculating standard deviation in discrete series": a. Actual Mean Methods: It inc
nature and types of problems
USE SIMPLE METHOD TO SOLVE THE FOLLOWING LPP MAXIMISE Z=4X1+10X2 SUBJECT TO CONSTRAINS, 2X1+X2 2X1+5X2 2X1+3X2 X1, X2>0
Maximize p = (3)x + 2y subject to 2x + y 3x + 4y >= 12
models of inventory management
In this method variables beings studied are controlled by the investigator. In other the effect of one variable is observed while other relevant variables are held constant
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