Synectics Technique of decision-making was developed by William J.J. Gordon and George M. Prince in 1944. He termed the technique synectics, a Greek derivation which means fitting together different, distinct, novel and irrelevant ideas. It refers to the discussing of a problem before a group of experts with a special request to think and develop ideas that are creative and innovative, to arrive at a consensus solution through discussion. It is a Creative Problem-Solving (CPS) Technique that focuses on cultivating creative thinking.
X = 10Y+9 and Y = DX+8 are two regression equations of X on Y and Y on X respectively. Which of the following is true always regarding D
What is the standard deviation of first n natural numbers?
Which of the following statements is correct regarding Mutual Fund?
'Distributed Profits' is also known as:
Suppose the regression specification y(hat) = a + βx + l z + ε was estimated as y = 5 + 6x + 7z. We have a new observation for which x = 5 and z = ...
Which of the following is correct regarding the Durbin-Watson Test?
...Which of the following four-firm concentration ratios is most consistent with perfect competition?
Under nominal wage rigidity, the short run aggregate supply schedule will be
If a constant 60 is subtracted from each of the values of X and Y, then the regression coefficient is
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.