Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need help on my study guide please A variable X denoting differential percentage of sales of a product fluctuates year-by-year due to exogenous market factors

need help on my study guide please
image text in transcribed
A variable X denoting differential percentage of sales of a product fluctuates year-by-year due to exogenous market factors as given below. Further, suppose X (in %)=[X0+(X)]% with X0=50% and X as tabulated above denotes a RV with sample-sizes represented by n for each year as listed below: (i) Find, AM, HM and GM of the RV: X (ii) Decide the appropriate type and value of mean value of AX that denotes rationally, the average statistical performance of the differential percentage change (X) of the sales (iii) Find the expectet value and standard deviation of the RV,X=[X0+(X)]% with X0=50% (iv) Find mode of the RV,X=[X0+(X)]% with X050% (v) Determine: p(X) from (UB of X ) to Median; and p(X) from Median to LB of X

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Databases questions