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Analysis of Available Information and Verification of Hypothesis:
most of the time that a scientist spends in training is devoted to learning how to analyze and interpret information. Qualitative as well as quantitative methods may be used for this purpose.
Prediction and Generalization of Results and Consideration of Alternative Methods: Once a model has been verified a theory is developed from the model to obtain a complete description of the problem. This is done by studying the effects of changes in the parameters of the model. The theory so developed may use to extrapolate into the future .
Lastly the analyst determines the alternative methods of solving the problem and recommends a new research based on revised hypothesis.
Important of Probability The various practical applications of the theory of probability are: a.The fundamental laws of statistic viz the law of statistical regular
Case Study Methods: It is studying the phenomenon event situation or development through a thorough and detailed analysis or intensive study. The case may be an individual a gr
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
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
two person zero sum game
Sample Size in Non Propbability The probability selection does not apply to purposive selection. The size of the non probability samples is selected in a subjective ma
Research and Development: All intellectual activities consciously pursued and systematically completed generate useful information. Research (also Research and Development) is
Cases are generally based on certain issues and problems. Diagnostic, analytical and decision making skills help in case solution. A case study or case based assessment is designed
Advantages of Mode a.It is easy to understand as well as easy to calculate. In can be found out by inspection. b.It is usually an exacta value as it occurs most fre
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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