Group decisions are taken by group of individuals constituted in the form of a standing committee. Generally very important and pertinent matters for the organisation are referred to this committee. The main aim in taking group decisions is the involvement of maximum number of individuals in the process of decision- making
If price-quantity are related for base year (0) and current year (1) are
∑ : p0q0 = 260,∑ : p1q0 = 395,∑ : p0q1 = 264,∑ : p1q1 = 422, t...
These seventh decile (D7) of data set 4, 3, 10, 9, 1 is
Let (Xi, I ≥ 1} be independent and identically distributed random variables with P(Xi =1) = p = 1-P(Xi = 0), Sn = ∑ni = 1 X i . The dist...
If the odds in favour of any random event A are 5 : 6, then the odds against the event are:
For the ANOVA which option is wro1ng?
A man pedals cycle from his house to his office at a speed of 10 km/h and back from the office to his house at a speed of 15 km/h. His average speed (i...
The median of following observations 8, 9, 10, 8, 8, 10, 8, 9 is
The prices (in Rs.) for the commodity ABC,XYZ, MNO, and IJK in base year (2020) are 20, 18, 12, 24 and in current year (2022) are 25, 22, 15, 28 respec...
Approximately, the coefficient of variation for the given data where Pearson's second measure of skewness = 0.42, arithmetic mean- 86 and median 80, is:
The memory-less property is followed by which of the following continuous distribution: