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Other Fields Homework Help Business Topic started by: Pdigker on Mar 10, 2018



Title: Another term used for statistical sampling is:
Post by: Pdigker on Mar 10, 2018
Another term used for statistical sampling is:
 
  A) probability sampling.
  B) convenience sampling.
  C) ratio sampling.
  D) numerical sampling.

Q. 2

Families with an income range of 35,000 to 55,000 are likely to buy the latest Star Quest DVD. What is the variance for this uniform probability distribution of family income?
 
  A) 675,000,000
  B) 200,000,000
  C) 33,333,333
  D) 1666.67

Q. 3

What is PERT? What is its disadvantage?
 
  What will be an ideal response?

Q. 4

An assembly process takes between 20 and 40 minutes to complete with the distribution of time thought to be uniformly distributed. Based on this, the percentage of assemblies that require less than 25 minutes is 0.05.
 
  Indicate whether the statement is true or false


Title: Another term used for statistical sampling is:
Post by: mkidwai1 on Mar 10, 2018
Content hidden


Title: Another term used for statistical sampling is:
Post by: Pdigker on Mar 10, 2018
Oh god, I was lost before coming here. Thanksss


Title: Another term used for statistical sampling is:
Post by: mkidwai1 on Mar 10, 2018
Great, make sure you mark the topic solved, it hides it from other eyes :)