The mode and the mean of grouped data are 25 and 29.5 respectively. Find the median, correct to two places of decimal, using empirical relation.
According to the question- Mode = 3Median - 2Mean 25 = 3Median - 2 x 29.5 25 = 3Median - 59 3Median = 59 + 25 3Median = 84 Median = 84/3 =28. The required median is 28.
Which of the following is not an operational decision?
The _______ is a process used to arrive at a group opinion or decision by surveying a panel of experts.
_________ are mental shortcuts that allows people to solve problems and make judgments quickly and efficiently.
Manish is going on a vacation and needs to book a hotel. He shortlists 3 hotels and is now comparing them on basis of cost, facilities available and pro...
Who defined the various roles of a manager into three categories of interpersonal informational and decisional roles?
Fish-bowling is a variation of which of the following decision-making technique?
Which of the following theory states that people are averse to losses?