In the literature of probability theory, it is supposed that the origin of this theory stemmed form the analysis of certain games of chance popular in the seventeenth century when a great Scientist named Galileo wrote down certain ideas and this led to many discussions. Since then it has found tremendous applications in many branches of science and engineering. These extensive applications make the theory a valuable study but it is still a poorly understood area of mathematics. As a matter of fact, Probability Theory is a study of random or non-deterministic experiments and is helpful in...
In the literature of probability theory, it is supposed that the origin of this theory stemmed form the analysis of certain games of chance popular in...
The present book deals with the study of sampling distributions so as to provide their applications in a variety of disciplines. The main objective of the manuscript is to understand the concept of a sampling distribution of a statistic, which is the distribution of all values of that statistic when all possible samples of the same size are taken from the same population. We also observe that some statistics are better than others for estimating population parameters. We also emphasis that Sample proportions tend to target the value of the population proportion, that is, all possible sample...
The present book deals with the study of sampling distributions so as to provide their applications in a variety of disciplines. The main objective of...
The present book deals with the detailed study of linear programming problems which provides applications in a variety of disciplines while dealing with Operations Research. The main objective of the manuscript is to understand the concept of an objective function of a businessman and how to optimize profit or loss function. Linear programming is a quantitative or mathematical technique for determining the optimal allocation of resources and obtaining a particular objective when there are alternative uses of resources. The objective in resource allocation may be minimization or maximation....
The present book deals with the detailed study of linear programming problems which provides applications in a variety of disciplines while dealing wi...