Business Statistics - Study Mode

[#191] Given, $${sum _y} = {N_a} + b{sum _y}$$ xa0 xa0 the above is a
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(C) regression equation

[#192] Validation testing is taken up when the
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(A) Data is communicated

[#193] The decision criterion in which a decision maker selects an alternative that maximises H (criterion of realism) = [a × (maximum in column)] + [(1- a) × (minimum in column)] is called
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(B) Hurwicz criterion

[#194] Probability density function gives the rate at which the . . . . . . . . would accumulate if we were to sweep from left to right on the axis of the value of continuous random variable.
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(A) Probability

[#195] Correlation is said to be linear and non-linear if
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(B) The ratio of change between the variables is constant and change in one variable is equal to the percentage change in other variable respectively