When auditing a company, auditors use a combination of professional judgment and statistical sampling methods to estimate account balances. Statistical sampling is an efficient way to design samples, ...

Simple random sampling is the foundation for almost every method taught in introductory statistics classes. Many students, however, have difficulty understanding the difference between simple random ...

Description: The course is concerned with the application of probability theory and statistics to management problems. Techniques studied and applied include probability models, Bayesian decision ...

Sankhyā: The Indian Journal of Statistics, Series B (1960-2002) Vol. 55, No. 3, Special Issue Dedicated to the Memory of P. C. Mahalanobis (Dec., 1993), pp. 385-392 (8 pages) The purpose of this paper ...

The World Health Organization (WHO) warns that air pollution is of great concern and impacts health in many ways. To better the situation, it’s necessary to focus on air quality. However, when ...