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The cost price of the item sold in profit = 9000 × 100/150 = Rs. 6000 The cost price of the item sold in loss = 9000 × 100/50 = Rs. 18,000 Total CP = 6000 + 18000 = 24,000 Total SP = 2 × 9000 = 18,000 Loss = CP - SP = 6,000 ∴ The total loss is Rs. 6000
In data analysis, why is sampling often preferred over analyzing an entire population?
What is the primary function of a Decision Support System (DSS) in Management Information Systems?
What is the purpose of calculating an appropriate sample size in data analysis?
A data analyst has generated insights on customer retention trends. To effectively communicate these insights, which of the following techniques would b...
Why is sampling commonly used in data analysis, especially when dealing with large datasets?
How is the optimal sample size determined in statistical analysis?
If a dataset has a strongly skewed distribution , which measure of central tendency is most appropriate to represent the data?
Which of the following data collection methods is best suited for obtaining up-to-date information about consumer behavior on a website in real-time?
In which scenario is stratified sampling most suitable?
Which of the following is a key difference between structured and unstructured data?
